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For the 15 years through 2012, Laurent has outperformed the market with 16% annual returns, compared to 5% for the market. Laurent's international career has stretched through US and Europe. He earned an MBA from Boston University and an MS in Engineering from RPI.
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Longs, Shorts, and Mini-Skirts
  • 10% Decline Predicted For US Stocks 0 comments
    Jun 5, 2013 10:59 PM | about stocks: GAB

    Stocks had their second consecutive weekly decline. The 1% decline was due largely to uncertainty over the actions of the Fed. Interest rates have begun to rise, with 20 year Treasuries yielding 2.8% instead of 2.5% just three weeks ago. House prices had their largest annual rise since 2006 and are now at the levels they were at in 2003.

    I predict that this is the beginning of a 10% decline. Short Gabelli Equity Trust Common Fund (NYSE: GAB)

    Disclosure: I am short GAB.

    Stocks: GAB
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