Economist Online

The latest Jeremy Gratham interview, with Charlie Rose.   In this 50-min video interview, Jeremy talks about China and world’s energy price; his interesting experience with asset bubbles in the past (a frequent topic, but still refreshing), and his forecast of the US economic growth and stock market.

video link

My favorite part is he analogized Fed’s monetary policy as whipping a donkey, trying to make the economy run faster like a race horse.   Quite accurate.

Ray Dalio of Bridgewater Associates updates his outlook on the Europe, the US and emerging markets, and what keeps him up at night.

His view that the success of the great deleveraging depends on the right balance between fiscal austerity and debt monetization is interesting and insightful.

Interview of Marc Faber, who thinks QE3 is a matter of time.

Jim Rogers gives an update on commodity investing. Watch his comment on Obama’s policy proposal.

Muni market is in turmoil. In the following interview, Meredith Whitney gives her update on the muni market and why she thinks municipalities (not states) could default.

There should be some opportunities coming up. Investors should keep a close watch on the muni market in coming weeks.

To find out why cities got into the trouble in the first place, read this piece on today’s Journal.