The MoneyMan Report Features Guest Speaker John De Kuhns
The MoneyMan Report Welcomes John D Kuhns To Show.
- (1888PressRelease) February 12, 2011 - "The MoneyMan Report" with Dan Frishberg on Tuesday featured guest John D. Kuhns, Chairman & CEO of Kuhns Brothers one of the first and best known U.S. Investment Bankers to create IPOs in Chinam and a insider In China for over twenty five years.
Kuhns was able to debunk many of the misconceptions about China "overtaking" the U.S. as the world's foremost superpower. He said that fears regarding China becoming its own reserve currency and surpassing the U.S. militarily are misplaced, and that those events are unlikely, because the country will be focused on its own economic pressure in the short-term.
Likewise, in investment terms, China is a good place to be in the long term, but they will raise interest rates, probably repeatedly early this year, which could cause the Yuan to appreciate, the economy to slow, and the stock market to come under severe pressure. The irony is that many investors are piling into China right now, at exactly the wrong time.
In his MARKET XRAY Report, Frishberg spoke about the impending pullback in the U.S. markets, saying that we could be in for a violent correction that could catch investors unprepared and cause some to proclaim the end of the bull market. However, Frishberg argued, this will be an incorrect assumption, as the bull market will indeed continue, and will provide a great entry point into U.S. stocks, particularly banks, technology and industrials.
"The MoneyMan Report" can be heard on Business 1110AM KTEK in Houston, The Biz 880AM WZAB in Miami, and Biz 1190AM WAFS in Atlanta. The show can also be heard online at TheMoneyMan.com. The features above are available by podcast on demand on TheMoneyMan.com.
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