David Dreman On Stocks and Real Estate

David Dreman in invited on CNBC for an interview. The host asks David about the world stocks and if he could turn back in time, if he went into stocks and real estate specifically. He thinks so, if he would have had one trillion dollars, he would probably get into it. It's a good moment for stocks and for real estate as well. The market inflation meets the market hyper inflation. The FED are saying that they have an exit strategy. The FED has to wait until employment starts to come down, probably next year, so David can't see how they could have an exit strategy at this moment.

He thinks that even if the market is down at the moment, certainly the market will go much higher rates in the next three to five years. He is being asked to give a grade to Obama administration, and he gives a B. David Dreman thinks that the Obama administration helps the real estate and the financial stocks, their actions made the fear that Americans have no financial institutions life to disappear, so this is one of the most important factors for the B grade. Now they starting to see that the economy is still going down, but it has a much slower rate. He is then asked what he buys in this country, and he says that he is buying oil and natural resources.

David Dreman Quotes from this Video:

  • I would give Obama Administration a B
  • We should see much over rates over time
Submitted by YouTube Trader on Sun, 04/04/2010 - 18:15

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