Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything. This week we tell why the market cannot be shorted! Plus a discussion about the implications of the weird situation in Europe, back to Greece, Spain to come. PLUS predictions.
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… because Prez Obama is pulling the economy out of the abyss. Markets are forward looking.
By the way, I’m still waiting for Horrorwitz market crash prediction for the fall 2009. Not that I’m keeping score.
1, Dallas, No president has power to stimulate the country’s economy in that way. The most power a president has is in their tax policies.
If Presidents had that much influence, no exiting president would leave office with a crashing economy.
#2 Agree in principle but markets respond variables that are driven by the executive branch – monetary policy, regulatory stability, public confidence, trade.
Pres Obama and his team has directly improved those indicators. Granted, he walked into an economic abyss.
To your second point, that is false. War is a great way to stoke an economy – tear shot down and rebuild it. Unfortunately for Bush, two wars was all the public could stomach with a multi-trillion dollar debt.
This is why, and he’s back!!
http://i.imgur.com/7tZcF.jpg
#4
I don’t get it, please explain? 🙂
Identify the Amusement park. Six flags Great America in NJ?
Why skyrocketing? iPads.
I was pretty amused at how JCD bashed the uranium stock pick. If it was Adam’s pick, he would have thrown an endless hissy fit about it. Andrew has more discipline
🙂