{"id":39468,"date":"2018-10-21T11:19:20","date_gmt":"2018-10-21T16:19:20","guid":{"rendered":"http:\/\/olduvai.ca\/?p=39468"},"modified":"2018-10-21T11:19:20","modified_gmt":"2018-10-21T16:19:20","slug":"ecb-is-worst-run-central-bank-in-the-world-felix-zulauf-sees-30-plunge-in-us-stocks-taking-the-world-with-it","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=39468","title":{"rendered":"&#8220;ECB Is Worst-Run Central Bank In The World&#8221; &#8211; Felix Zulauf Sees 30% Plunge In US Stocks &#8220;Taking The World With It&#8221;"},"content":{"rendered":"<div id=\"block-zerohedge-page-title\" class=\"block block-core block-page-title-block\">\n<h3 class=\"page-title\"><a href=\"https:\/\/www.zerohedge.com\/news\/2018-10-20\/ecb-worst-run-central-bank-world-feliz-zulauf-sees-30-plunge-us-stocks-taking-world\"><span class=\"field field--name-title field--type-string field--label-hidden\">&#8220;ECB Is Worst-Run Central Bank In The World&#8221; &#8211; Felix Zulauf Sees 30% Plunge In US Stocks &#8220;Taking The World With It&#8221;<\/span><\/a><\/h3>\n<\/div>\n<div id=\"block-zerohedge-content\" class=\"block block-system block-system-main-block\">\n<article class=\"node node--type-article node--view-mode-full\" role=\"article\" data-gtm-vis-recent-on-screen-2077925_22=\"1083\" data-gtm-vis-first-on-screen-2077925_22=\"1083\" data-gtm-vis-total-visible-time-2077925_22=\"100\" data-gtm-vis-has-fired-2077925_22=\"1\">\n<div class=\"node__content\">\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>Felix Zulauf was a member of the\u00a0<em>Barron\u2019s<\/em>\u00a0Roundtable for about 30 years, until\u00a0<a href=\"https:\/\/www.barrons.com\/articles\/stocks-could-post-limited-gains-in-2017-as-yields-rise-1484376687?tesla=y&amp;mod=BOL_archive_twm_ls&amp;mod=article_inline&amp;mod=article_inline\">relinquishing his seat\u00a0<\/a>at our annual investment gathering in 2017. While his predictions were more right than wrong, it was the breadth of his knowledge and the depth of his analysis of global markets that won him devoted fans among his Roundtable peers, the crew at\u00a0<em>Barron\u2019s<\/em>, and beyond. Simply put, Felix, president of Zulauf Asset Management in Baar, Switzerland, always knew\u2014and still knows\u2014better than most <strong>how to connect the dots among central bankers\u2019 actions, fiscal policies, currency gyrations, geopolitics, and the price of assets, hard and soft.<\/strong><\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/ON-CR659_QA_Zul_B1280_20181002134342.jpg?itok=PgHmkHLO\" data-image-external-href=\"\" data-image-href=\"\/sites\/default\/files\/inline-images\/ON-CR659_QA_Zul_B1280_20181002134342.jpg?itok=PgHmkHLO\" data-link-option=\"0\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/ON-CR659_QA_Zul_B1280_20181002134342.jpg\" srcset=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/styles\/inline_image_desktop\/public\/inline-images\/ON-CR659_QA_Zul_B1280_20181002134342.jpg?itok=PgHmkHLO 1x\" alt=\"\" width=\"500\" height=\"333\" data-entity-type=\"file\" data-entity-uuid=\"798ba966-e8fc-41c9-b542-8abc5ced9e8e\" data-responsive-image-style=\"inline_images\" \/><\/a><\/p>\n<p>With interest rates rising, governments in flux, and the world\u2019s two biggest economies facing off over trade, it seemed the right time to ask him how today\u2019s turmoil will impact investors in the year ahead. Ever gracious, he shared his thoughts and best investment bets in an interview this past week. Read on for the view from Baar.<\/p>\n<p><strong><em>Barron\u2019s<\/em>: Felix, how have you been keeping busy since you left the Roundtable?<\/strong><\/p>\n<p>Felix Zulauf: I\u2019m still running money, but it\u2019s my own money, and I\u2019m still a consultant to investors and institutions. I\u2019m in the market almost every day. I like analyzing the world; the tectonic shifts occurring make it too fascinating to quit.<\/p>\n<p><strong>Which shifts do you mean?<\/strong><\/p>\n<p><u><em>For one, we have left the world of free markets and entered the world of managed economies. This is a major change in my lifetime. Central banks took over the running of economic policy after the financial crisis and run the show to this day. Also, the globalization movie is starting to run backward.<\/em><\/u><\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;ECB Is Worst-Run Central Bank In The World&#8221; &#8211; Felix Zulauf Sees 30% Plunge In US Stocks &#8220;Taking The World With It&#8221; Felix Zulauf was a member of the\u00a0Barron\u2019s\u00a0Roundtable for about 30 years, until\u00a0relinquishing his seat\u00a0at our annual investment gathering in 2017. While his predictions were more right than wrong, it was the breadth of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[22469,122,233,282,12445,22468,6783,6364,4318],"class_list":["post-39468","post","type-post","status-publish","format-standard","hentry","category-economics","tag-barrons-com","tag-central-bank","tag-ecb","tag-european-central-bank","tag-felix-zulauf","tag-lauren-rublin","tag-stock-collapse","tag-us-stocks","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39468"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39468\/revisions"}],"predecessor-version":[{"id":39469,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/39468\/revisions\/39469"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}