Mar 10, 2011

Ron Insana calls for market correction, bearish on 'commodity complex'

I suspect this market is susceptible to a, we're now down 3%, 3-10% off the highs. I am bearish on gold, I own puts on gold just to put that out there, and I am bearish on the commodity complex generally. But I think the risk-reward still favors stocks over the asset classes people have been dabbling in, or, in the case of Treasury bonds, far too deep in for the last several months.

~Ron Insana, CNBC interview, March 10, 2011

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