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Tag Archives: economic policy
Global Plague (Not Ebola – Econo-Imbecility)
Stock market jitters are not surprising. I have been shamelessly straddling the equity fence, saying rising earnings and low rates would enable stocks to “grind higher” but nevertheless the “risk of a correction” is high due to excessive complacency. Investors … Continue reading
Posted in Uncategorized
Tagged economic growth, economic policy, emerging markets, global economy, India, Obamanomics, secular stagnation
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The Pundit and the Plutocrat
A public exchange between a billionaire and a financial journalist nicely conveys the corrosive economic effects of Obama’s policies. In November 2011 hedge fund impresario Leon Cooperman wrote Obama an open letter criticizing the “divisive, polarizing tone of your rhetoric” … Continue reading