The combination of the Arab Spring (higher crude), reckless Fed policy and administration interference has triggered a slowing. Bright spots like Germany are not enough to help us.
Let’s remain optimistic. The Fed and perhaps the Administration have learned their lessons (we paid the tuition). Central planning never works.
Equity prices to return to fair value; bonds to loose their phony buyer; price discovery will return to normal.
All will be well into year end.
Robert Craven
Let’s remain optimistic. The Fed and perhaps the Administration have learned their lessons (we paid the tuition). Central planning never works.
Equity prices to return to fair value; bonds to loose their phony buyer; price discovery will return to normal.
All will be well into year end.
Robert Craven
No comments:
Post a Comment