[WEBINAR] Steen Jakobsen: Why I'm selling the banks, buying the mines, and avoiding dividend stocks

There are two types of economists in this world: those who generally form views at or near consensus; and those who like to bust paradigms and present alternate views.

The latter, which characterises our guest in this webinar, make for entertaining listening. Why? Good investors and traders constantly pressure-test their thinking and welcome counter arguments to their views, in order to remain sharp and retain high conviction.

Steen Jakobsen is the Chief Economist and CIO of Saxo Bank, and he joins our Global Investment Director, Oliver Gordon, for his first ever webinar (held live for Rivkin members last week) to test, shock, twist and clobber your view of the world and its economy.

In this complimentary webinar, Steen Jakobsen, prefaces his 40-minute presentation with the proclamation "I've predicted five of the last two crises." He counters this rather pessimistic view with "But it's so bad, it can only get better from here." Watch and learn Steen's views on:

  1. what's causing record Australian house prices, why it's ridiculous that SMSFs can purchase property, and why we're due for a boom in late 2015
  2. why negative gearing is a terrible thing and what we need to do with it
  3. why global volatility will significantly increase soon
  4. when he plans to sell Aussie banks and switch to miners, and why he's avoiding dividend stocks
  5. why he predicts the RBA will cut, rather than hike, rates
  6. why fixed income will offer the best returns for investors next year
  7. where iron ore prices are going
  8. and more....

Unlike economists (as great as they are), we don't try and predict the market: we manage information as it arises to provide simple and clear trade recommendations for our members. For only $37 a fortnight, Rivkin Global traders scour the markets for trades so you don't have to. Returning an average of 24.0% per annum* you will enjoy regular trade recommendations across local and global equities, commodities, indices and FX. Find comfort in a totally transparent and honest service where we trade alongside you via our live model portfolio and list our entire trade history online. Go on, fund a better lifestyle today: click here to email us to find out more, or see an example trade recommendation, and read our FAQs here.

*Of course, past performance isn't a guide to future performance.

comments powered by Disqus

DISCLAIMER: Rivkin aims to provide clear and simple information to those visiting our website. If any part of this disclaimer does not make sense, please phone Rivkin and ask to speak with a member of our Dealing and Relationship Management Team. Rivkin provides general advice and dealing services on securities, derivatives and superannuation (SMSF). Rivkin also provide SMSF administration and accounting services. Rivkin does not provide advice that takes into account your, or anybody else's, investment objectives, financial situation or needs. We strongly suggest that you consult an independent, licenced financial advisor before acting upon any information contained on this website. Investing in and trading securities (such as shares listed on the ASX) and/or derivatives (such as Contracts for Difference or 'CFDs') carry financial risks. CFDs carry with them various additional risks that differ from more simple securities such as fully-paid company shares. Some of these risks include not owning the underlying instrument from which a price is being derived, settling trades 'over the counter' with a financial institution rather than on a stock exchange, and using leverage to gain access to trades that may have a higher face value than your initial deposit. This risk of leverage means that it is possible to lose more than your initial investment. Our aim is to create more life choices for our clients, which means improving the wealth of clients throughout many market cycles by nurturing a relationship spanning many years. If you are not comfortable with your understanding of the risks involved before using a Rivkin product and service, please contact our office to seek further information or a Product Disclosure Statement, or make an appointment to sit with one of our friendly financial experts. It is in our interest for your Rivkin experience to be a rewarding and comfortable one. Rivkin is a trading name of Rivkin Securities ABN 87123290602, which holds Australian Financial Services Licence No. 332 802.