Get over it. There is no one there and there is nothing to do.
BO had a hand is creating the original crisis, then made it much worse. Free enterprise punts when gov’t types abound. But this fool and those around him may have finally learned a lesson (we paid the tuition).
From the looks of things today, appears folks are a bit discouraged. Maybe even distraught.
Here’s what we do. We don’t care about equities much, kind of the tabloid of the financial world, but if you do, buy everything in sight.
Don’t buy another bond. Higher interest rates mean lower prices and that’s reality over the near term.
Own a home? Refi the heck out of it.
The pegs are in place for a healthier financial world ahead.
Robert Craven
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