First and foremost, the pitch that the economy is not his economy. First it was Bush, then the Tsunami, then Arab Spring, then economic problems in Greece. Now it’s the Republican Congress not passing his Jobs Bill. Sorry, it’s your economy and you will be called to account for it in November 2012. We must Read the full article…
President Obama likes to campaign on the same theme. He says Republicans want the keys to the car back. They can’t drive, per Obama. Last time they had the keys they drove in the ditch. He’s worn this analogy out, but keeps using it just the same. Since he’s either on vacation or fund raising, Read the full article…
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…