Thread: Tiger's Robertson "Europe In State Of Financial Collaps

Tiger's Robertson "Europe In State Of Financial Collapse"

Submitted by Tyler Durden
09/13/2011 17:10 -0400
Comments: 228 / Reads: 18,278
Video at the link: http://www.zerohedge.com/news/tigers-ro ... l-collapse

In a moment of clarity, Tiger's Julian Robertson educates the money-honey on just how bad things are. http://www.cnbc.com/id/44506729 Robertson started by trumpeting how bad macro is everywhere, moved on to Europe being in a 'state of financial collapse', likes shorting weak European currencies (Hungarian Forint) and warns of the possibility of a rapid rise in interest rates in the US. He is positive on NOK, thinks Canada is a 'very well run country', is a buyer of US large cap tech (citing GOOG and AAPL specifically), and sees Visa/Mastercard growing at 20%+ per year for some time.

The full interview is embedded below, and while some is group-think, he is very clear on where he sees risk and return potential in the world.

Bad (from Bloomberg):

* TIGER'S ROBERTSON SAYS `MACRO IS SO BAD EVERYWHERE' :285691Z US
* TIGER'S ROBERTSON SAYS EUROPE IN `STATE OF FINANCIAL COLLAPSE'
* TIGER'S ROBERTSON SAYS EXPECTING GREEK DEFAULT :285691Z US (and is worried for Portugal and Italy also)
* TIGER'S ROBERTSON SAYS WORTH SHORTING WEAK EURO.

CURRENCIES

* TIGER'S ROBERTSON SAYS HUNGARY'S CURRENCY `LOT OF RISK': CNBC

Neutral:

* TIGER'S ROBERTSON HASN'T LOOKED AT FINANCIAL INVEST.: CNBC

Good:

* TIGER'S ROBERTSON SAYS LONG NORWAY CURRENCY: CNBC :285691Z US
* TIGER'S ROBERTSON SAYS CANADA `VERY WELL RUN COUNTRY'
* TIGER'S ROBERTSON SAYS SINGAPORE DOLLAR `AS STRONG AS CAN BE'
* TIGER'S ROBERTSON SAYS GOOGLE `VERY ATTRACTIVE' :285691Z US
* TIGER'S ROBERTSON LIKES APPLE: CNBC :285691Z US, AAPL US
* TIGER'S ROBERTSON: VISA MASTERCARD TO GROW 20%+ `FOR SOME TIME'

and for those looking to participate in Julian's FX trade views - here is HUFNOK:



Chart: BBG

http://www.zerohedge.com/news/tigers-ro ... l-collapse

Hmmmmm........Let's see......Socialist welfare states + open borders + unchecked illegal immigration and births of uneducated and impoverished human beings incompatible with Europe's standards of civility = financial and social collapse...Sounds familiar?