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Bloomberg Hedge Fund 2010 Conference: The QE2 Rally

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Orin Kramer, Mark Yusko, and Matthew Linedenbaum are speaking at the Bloomberg Hedge Fund 2010 conference and they are saying that the Federal Reserve is telling us to to go into risk, so you go into risk.

Mark Yusko believes that quantitative easing will not work, as it hasn't worked in the past.

Matthew Lindenbaum says quantitative easing is driving commercial real estate to a new bubble.

Mark Yusko says the U.S. dollar is becoming the carry trade. We will see the biggest commodity bubble in history, which investors can play through stocks like BHP Billiton (NYSE: BHP), Freeport (NYSE: FCX). We are halfway through the greatest commodity bubble in history.

Dollar will be up in the first quarter like it always is.

Orin Kramer said second largest position is Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) and he likes Citigroup (NYSE: C) and other larger banks.

Matthew Lindenbaum likes Morgan Stanley (NYSE: MS), as it's positioning itself to be the anti Goldman Sachs (NYSE: GS). MS needs to turn its investment bank around.

Mark Yusko said the European debt crisis is at the very end of the beginning. He likes energy services. He likes the metals, including gold, platinum and palladium. These can be played through ETFs like (NYSE: GLD), (NYSE: PLTM) and (NYSE: PALL).

Posted-In: Bloomberg 2010 Hedge Fund Conference Mark Yusko Matthew Linedenbaum Orin KramerLong Ideas Hedge Funds Movers & Shakers Trading Ideas

 

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