Written by Econintersect
Econintersect: Jim Welsh, author of the Macro Tides Investment Report, which was founded in 1988, was interviewed by CBS, Chicago on Tuesday 10 February. Jim discussed the indications from fundamental analysis that the global economy will continue to slow, led by breakdowns in emerging markets.
Jim reviewed the technical side of his analysis, saying that he believes a bear market started last summer which will ultimately bottom with the S&P 500 somewhere around 1600. During this slide he says there should be at least one sustained rally which traders could take advantage of. Click on the audio player icon below to hear the entire 5 minute interview. He discusses a variety of issues of great import to investors in the current market.
The interview was conducted by Kris Kridel and Regine Schlesinger.
Jim Welsh has been a contributor to GEI for many years.
