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Our prediction for global economies and global asset markets heading into the turbulent 2016-2017 period is not meant to be alarmist, or a "Dr Doom" style forecast, but a realistic assessment of the facts around debt, demographics and disinflation, and then an extrapolation from those factors to individual economies and markets. Rather than simply being doomsayers, we intend to pen another book in 2017-2018, to take advantage of the expected undervaluation of global assets and economies that will occur as a result of the next recessionary phase. As such, we like to be contrarians, in both boom and bear cycles. Our strong sense is that the bull cycle that started in 2009, now nearly 7 years old, is slowly maturing. The time to make major asset allocation changes, whether you are a small investor or a major pension fund investor, is now, in advance of the turmoil. We are clear that we expect shares, property and other growth assets to fall by 30-50% in the coming 2 years. Commodities will fall by more than that, and currencies will fall by a fraction less. Either way, some major opportunities are there for the picking. We strongly advise our readers to think outside of the square, challenge consensus, be contrarian, and think for themselves, logically and sensibly. If they do, that is the path not just to profit but importantly to capital preservation in the turbulent years that lie ahead of us.
In American on Purpose, Craig Ferguson delivers a moving and achingly funny memoir of living the American dream as he journeys from the mean streets of Glasgow, Scotland, to the comedic promised land of Hollywood. Along the way he stumbles through several attempts to make his mark?as a punk rock musician, a construction worker, a bouncer, and, tragically, a modern dancer. To numb the pain of failure, Ferguson found comfort in drugs and alcohol, addictions that eventually led to an aborted suicide attempt. (He forgot to do it when someone offered him a glass of sherry.) But his story has a happy ending: in 1993, the washed-up Ferguson washed up in the United States. Finally sober, Ferguson landed a breakthrough part on the hit sitcom The Drew Carey Show, a success that eventually led to his role as the host of CBS's The Late Late Show. By far Ferguson's greatest triumph was his decision to become a U.S. citizen, a milestone he achieved in early 2008, just before his command performance for the president at the White House Correspondents' Association Dinner. In American on Purpose, Craig Ferguson talks a red, white, and blue streak about everything our Founding Fathers feared.
"From the comedian, actor, and former host of The Late Late Show comes an irreverent, lyrical memoir in essays featuring his signature wit."--Publisher's description.
In his memoir American on Purpose, Craig Ferguson, host of The Late, Late Show, traces his journey from working-class Glasgow to the comedic limelight of Hollywood and American citizenship. Moving and achingly funny, American on Purpose moves from Fergusons early life as an alcoholic to his stint on The Drew Carey Show to his decision to become a U.S. citizen in its unique and honest look at his version of the American dream.
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