Russell Napier: Europe is becoming a long-term buy

[HT: Value Investing World]
Europe is becoming a long-term buy, according to Russell Napier, author of "Anatomy of the Bear". Mr Napier also outlines what will signal the buying opportunity in Europe and the fears he has for the US when China starts selling Treasuries. [VIDEO 6m 36s]

Rare interview with Jamil Baz (GLG Altas Macro)

They continue to be bearish, seeing a Debt/GDP ratio above 100% as "the new normal," coupled with continued deleveraging and a growth slowdown in the developed world. [VIDEO]

With some positive signs out of China and even the Eurozone looking perkier than it was in autumn, is the world starting to look less risky? Jamil Baz, who jointly runs GLG’s Atlas Macro fund tells investment editor James Mackintosh why it isn't time for the bears to stop growling. The Atlas Macro Fund ended the year down 0.4%.