Bloomberg Radio “Taking Stock” with Pimm Fox | Update on the Stock Market

Dr. Charles Nenner discusses stocks in the program:

  • The market is based on hope;
  • Deflation or reflation has been the predominant theme throughout;
  • Energy stocks (first positive performance since the beginning of the year for Exxon and Toll Brothers);
  • Crude oil (time to go long);
  • Natural gas (too risky);
  • Gold (buy gold companies as they are relatively inexpensive and will be a worthwhile investment for many years).

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