Tiger's Robertson "Europe In State Of Financial Collapse"

Tyler Durden's picture

In a moment of clarity, Tiger's Julian Robertson educates the money-honey on just how bad things are. Robertson started by trumpeting how bad macro is everywhere, moved on to Europe being in a 'state of financial collapse', likes shorting weak European currencies (Hungarian Forint) and warns of the possibility of a rapid rise in interest rates in the US. He is positive on NOK, thinks Canada is a 'very well run country', is a buyer of US large cap tech (citing GOOG and AAPL specifically), and sees Visa/Mastercard growing at 20%+ per year for some time.

The full interview is embedded below, and while some is group-think, he is very clear on where he sees risk and return potential in the world.

Bad (from Bloomberg):

*TIGER'S ROBERTSON SAYS `MACRO IS SO BAD EVERYWHERE' :285691Z US

*TIGER'S ROBERTSON SAYS EUROPE IN `STATE OF FINANCIAL COLLAPSE'

*TIGER'S ROBERTSON SAYS EXPECTING GREEK DEFAULT      :285691Z US (and is worried for Portugal and Italy also)

*TIGER'S ROBERTSON SAYS WORTH SHORTING WEAK EURO. CURRENCIES

*TIGER'S ROBERTSON SAYS HUNGARY'S CURRENCY `LOT OF RISK': CNBC

Neutral:

*TIGER'S ROBERTSON HASN'T LOOKED AT FINANCIAL INVEST.: CNBC

Good:

*TIGER'S ROBERTSON SAYS LONG NORWAY CURRENCY: CNBC   :285691Z US

*TIGER'S ROBERTSON SAYS CANADA `VERY WELL RUN COUNTRY'

*TIGER'S ROBERTSON SAYS SINGAPORE DOLLAR `AS STRONG AS CAN BE'

*TIGER'S ROBERTSON SAYS GOOGLE `VERY ATTRACTIVE'     :285691Z US

*TIGER'S ROBERTSON LIKES APPLE: CNBC        :285691Z US, AAPL US

*TIGER'S ROBERTSON: VISA MASTERCARD TO GROW 20%+ `FOR SOME TIME'

And for those looking to participate in Julian's FX trade views - here is HUFNOK:

Chart: BBG