3-13-07 Charles Gradante on Bloomberg TV Market Movers With Host Monica Bertran

Added: Oct 5, 2008   By: HedgeFundVideos

Duration: 5:6

Channel: News

Charles Gradante is one of Wall Street's most sought after opinion leaders on matters of the stock market, the global economy, hedge fund strategy and asset allocation. He is the Co-Founder of Hennessee Group (www.HennesseeGroup.com) and he is shown on Bloomberg TV's "Market Makers" program with host, Monica Bertran. Noteworthy highlights from this particular interview include: - Gradante predicting, almost exactly one year ahead of any other pundit, the global turmoil of the financial markets - His prediction of imminent stagflation and recession in the United States. Such perspicacity and rare ability to spot trends and to forecast financial conditions has been a hallmark of Gradante's entire career on Wall Street and has consistently enabled him to protect investor wealth for Hennessee Group clients for more than twenty years as of 2008. - Subprime CDO's are a potential Achilles heel to the markets - CDO's wrapped around subprime mortgages are a threat to hedge funds and investment banks - A 10% correction in the DOW in the next six months - The DOW will re-test 11,800. If that threshold is broken, his technical analysis indicated that further declines were in the offing - Market has excesses in leverage - Labor costs increasing while productivity is decreasing, coupled with housing and food costs increases is his formula for imminent stagflation - The Chinese banking system's support for businesses and industries with negative cash flow is a key concern - The Chinese government propping up of unworthy businesses to keep employment numbers high will lead to a market correction Hennessee Group LLC is a Registered Investment Adviser that consults direct investors in hedge funds on asset allocation, manager selection, and ongoing monitoring of hedge fund managers. In addition, in 1987 the company created the Hennessee Hedge Fund Index, the hedge fund industry's completely independent manager index. The Index has been in continuous use since 1987 and monitors a diverse community of 1,000 hedge fund managers representing essentially every existing hedge fund management style and strategy. The firm, Hennessee Group (www.HennesseeGroup.com) is located at 500 5th Avenue, New York, NY 10110 (212) 857-4400.

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Tags: arbitrage  banking  hedge funds  hedge fund investing  stock market  china investments  chinese stock market  stagflation  inflation  subprime mortgage market  cdo  cds  credit default swaps  stock market correction  investment analysis  leverage  investment fraud  bernard madoff  julian robinson  carl icahn  federal reserve bank