Bridgewater Associates' dour outlook for the global economy - "What you have is a picture of...

Bridgewater Associates' dour outlook for the global economy - "What you have is a picture of broken economic systems that are operating on life support" - does not mean stocks aren't a good buy. Co-CIO Robert Prince suggests equities are already pricing in a decade or more of weak growth. If "air pockets" such as Europe blowing up can be avoided, "chances are equities are a pretty good bet."

Comments (7)
  • Vuke
    , contributor
    Comments (1662) | Send Message
    Air pocket? Europe? Isn't the EU the world's biggest economy?
    2 Jan 2012, 11:57 PM Reply Like
  • headrock
    , contributor
    Comments (13) | Send Message
    got it. so an S&P avg p/e of 15 is "pricing in a decade or more of weak growth". would love to see what this guy thinks that ratio should be if things were ok. and all this after epic amounts of free money and moral hazard.


    also, per Vuke above, Europe is indeed bigger (in dollars, GDP) than the US. and both China and Japan are finally imploding too. but its all just an air pocket. i'm going to go ahead and assume one Roger Prince has a lot of garbage he needs to sell into strength.
    3 Jan 2012, 01:33 AM Reply Like
  • untrusting investor
    , contributor
    Comments (9903) | Send Message
    Doesn't make sense. One would have to see Bridgewater stats to see how they have done.
    3 Jan 2012, 02:04 AM Reply Like
  • A_Mutz
    , contributor
    Comment (1) | Send Message
    Yes, a good place to start would be to look at Bridgewater's performance record. If you want to be serious about investing, you should listen to the best. And that would be Bridgewater. Their track record is impeccable.
    3 Jan 2012, 12:51 PM Reply Like
  • Tack
    , contributor
    Comments (16279) | Send Message
    No, certainly doesn't make sense. Better to buy Treasuries at all-time record-low yields or be in cash and have inflation eat purchasing power away gradually, or gold, and just lose one's buttocks more quickly.


    It's the same as always. Avoid crowded trades, and you'll do better. Right now, the relative low-volume, uncrowded trade has been equities.


    I know, I know. This time it's different.
    7 Apr 2012, 10:29 PM Reply Like
    , contributor
    Comments (47) | Send Message
    LMAO at untrusting investor....


    The market is up 180pts today already. New all time highs soon....


    Keep shorting doomer...LMAO!
    3 Jan 2012, 08:42 AM Reply Like
  • untrusting investor
    , contributor
    Comments (9903) | Send Message
    Is that a generic name for a giant moron?? Hey idiot, when your net worth gets to be 1/10 of 1% of what ours is then maybe you too can quit being a no-brain gambler and actually learn something about real investing.
    7 Apr 2012, 08:00 PM Reply Like
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