Bob "The Bear" Janjuah strategist from RBS says(that we are simply not addressing growth or solvency and Q2 will be the payback (looking for a 1000 print in the S&P 500 index by quarter-end) for the policy- and liquidity-driven rally we are undergoing.)

Bob "The Bear" Janjuah  strategist from RBS says(that we are simply not addressing growth or solvency and Q2 will be the payback (looking for a 1000 print in the S&P 500 index by quarter-end) for the policy- and liquidity-driven rally we are undergoing.)












             


Previously he predicted the 2008 Crash...

  http://www.historycommons.org/entity.jsp?entity=bob_janjuah_1

Not registered yet? About Timelines Blog Donate Volunteer  Home  » Entities  » Bob Janjuah Profile: Bob Janjuah Bob Janjuah was a participant or observer in the following events: June 2008: Royal Bank of Scotland Warns of Global Stock and Credit Crash    The Royal Bank of Scotland (RBS) predicts “a full-fledged crash in global stock and credit markets over the next three months as inflation paralyzes the major central banks.” RBS credit strategist Bob Janjuah says, “A very nasty period is soon to be upon us—be prepared.” Bolstering Janjuah’s dire predictions, the RBS bank research team warns that the Wall Street equities index, Standard & Poor’s (S&P) 500 index is likely to fall by more than 300 points to around 1050 by September as “all the chickens come home to roost” from what the Daily Telegraph describes as “the excesses of the global boom, with contagion spreading across Europe and emerging markets. Such a slide on world [markets] would amount to one of the worst bear markets over the last century.” Janjuah also warned of the credit crisis in 2007. RBS predicts that Wall Street would rally a little in early July before quickly fizzling out. “Globalization was always going to risk putting G7 bankers into a dangerous corner at some point. We have got to that point,” Janjuah says. RBS debt market chief Kit Jukes says Europe will not be immune from the problems: “Economic weakness is spreading and the latest data on consumer demand and confidence are dire.” [DAILY TELEGRAPH, 6/19/2008] Entity Tags: Bob Janjuah, Royal Bank of Scotland, Kit Jukes Timeline Tags: Global Economic Crises