Dear Reader,
US stock markets end January 2015 in minus. The correction should exceed 20%, tech and biotech stocks will fall more. EU stocks should finish 2015 in minus as well. Gold should fall with a target of 1050 USD. EUR/USD should touch 1.05 in 2015.
Shale oil and gas plays in the US seem a good value play at these levels, with potential to return multiple on the initial investment. Chinese and India stocks look like a good bet.
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