Martin Hutchinson- Money Morning - Only the News You Can Profit From.
Martin Hutchinson has a reputation for being bearish at exactly the right time.
Slate magazine singled him out - above even famed economist Nouriel Roubini - as the financier who most accurately predicted how bad the 2009 bear market would turn out to be. In June 2008 - at a time when the Dow was above 12,000, and most folks were calling for it to go higher - Martin predicted the index could nosedive all the way to 7,800 (it actually spun down to 6,600).
Before grabbing recognition for his gutsy timing, Martin worked nearly 30 years as an investment banker, with extensive experience in both New York and London. He's served as a senior vice president and head of derivatives for Creditanstalt-Bankverein, director of the Spanish private firm Gestion Integral de Negocios, and advisor to the Korean conglomerate Sunkyong Corp. But it was Martin's work in Bulgaria, Croatia, and Macedonia that solidified his reputation as a true "hands-on" expert on the developing economies. As the U.S. Treasury advisor to Croatia, he helped the country establish its own T-bill program in the 1990s, launch its first government bond issue, and start a forward currency market.
Martin is the author of several books. He also served as the business and economics editor at United Press International during the early 2000s, where he jumpstarted the financial-news operation of that historic wire service.
He earned his undergraduate degree in mathematics from Cambridge University, and an MBA from Harvard University. He lives outside of Poughkeepsie, N.Y, with his wife, Anna.
Martin is our Global Investing Specialist. He serves as editor of the Permanent Wealth Investor, where he focuses on "Alpha Bulldog" stocks that pay high, reliable dividends. In his newest advisory, the Merchant Banker Alert, Martin uncovers the fastest-growing companies in the fastest-growing economies and brings those ideas back home to you.
Martin'S LATEST HEADLINES
- Money Morning Premium Content 6 Wednesday, April 10, 2013My Two Favorite Gold Mining Stocks
With the world's central bankers printing money like mad, you would think investing in gold mining stocks would be a no-brainer.
Yet despite these misguided policies, the Market Vectors Gold Mines Index (NYSE: GDX) is down 40% from its peak last September. Even worse, it's off 48% from its all-time highs in 2011.
Not even last Thursday's announcement that the Bank of Japan would buy $1.4 trillion in Japanese government bonds in 2013 and 2014 helped much-even though on a relative basis Japan's "stimulus" is more than double what Ben Bernanke has in mind.
So why all of the pain?…
And better yet, which gold mining stocks have fallen so far they are screaming buys right now?
Here's the answer to both questions….To continue reading, please click here...
- Article 2 Monday, April 1, 2013This Little-Known Indicator Says Stocks Should Double
- Global Markets 4 Friday, March 29, 2013After the Cyprus Bailout, Here's Where You Should Keep Your Savings Now
- Federal Reserve System 9 Thursday, March 28, 2013Why We Can't Avoid Ben Bernanke's "Monetary Cliff"
- Stock Market Today 25 Tuesday, March 19, 2013Why the Cyprus Bailout Could Set Banking Back 300 Years
- Emerging Markets 1 Monday, March 18, 2013Investing in Mexico May Be a 100-Year Opportunity
- Stock Market Today 0 Wednesday, March 13, 2013Three Safe Stocks to Buy in a High-Flying Market
- Stock Market Today 5 Wednesday, March 6, 2013Why Now Is the Time to Add Australia to Your Portfolio
- Global Markets 13 Thursday, February 28, 2013The Eurozone Hangs On By a Whisker
- Currencies Article 9 Wednesday, February 27, 2013This Is a Recipe for Massive Hyperinflation or Bankruptcy