U.S. corporate profits remain a bright spot in the economy. P/E multiples are low. But, the plop you heard on the stock market last week was the end of any hope for a market recovery before the election. The GDP forecasts for Q2 and the rest of 2010 are worse than they were before last Read the full article…
Despite the best efforts of our government, interest rates in the US are going to rise. The US has the largest peacetime deficit and debt/GDP ration in our history. In 2015 entitlements and interest payments will make up 71% of government expenditures. The government can’t cut spending and must change entitlements. The current government is Read the full article…
President Obama, you are sinking fast. You are appealing to your 20% far left supporters. Despite your favorable media spin, you are dropping like a rock. America is angry, and you are fueling the fire. You are being recognized for what you are. A Chicago politician who can read a teleprompter. No more, no less. Read the full article…
