trade headlines: Read Disappointing jobs data Friday could wipe out investor optimism For now, things look sluggish, perhaps not helped by news that German manufacturing orders collapsed, which means investors are now keeping a beady eye on further trade headlines, according to Market Watch. Enter our call of the day from Goldman Sachs alumnus, Raoul Pal, who predicted the global financial crisis. Weekly jobless claims, meanwhile, fell to the lowest level since December 1969. He sees trouble on the horizon for the world's economies and is advising investors to buy bonds and the dollar. While he's not bearish on U.S. stocks, he still thinks the dollar is a better bet and the recent pullback for bonds is a buying opportunity for those who agree with his gloomy global view. Pal, who writes The Global Macro Investor newsletter, which is followed by the world's biggest hedge funds, sees few places for investors to park their money right now.
(news.financializer.com). As
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