Bloomberg Radio “Taking Stock” with Pimm Fox | Update on the Stock Market

Dr. Charles Nenner discusses stocks in the program:

• The market is based on hope;
• Deflation or reflation has been the predominant theme throughout;
• Energy stocks (first positive performance since the beginning of the year for Exxon and Toll Brothers);
• Crude oil (time to go long);
• Natural gas (too risky);
• Gold (buy gold companies as they are relatively inexpensive and will be a worthwhile investment for many years).