The man who wrote this op-ed back in 09 was just nominated by President Obama to become the next chairman of the Council of Economic Advisers. I feel much better. Can’t they find anyone who has at least run a lemonade stand? Too many academicians setting policy. They just love your money!
Futures up a wee bit after a rough day yesterday! Before yesterday: About 55% of all stocks in our universe were below resistance and the 50 day average. Quite a few are much worse. There remain many bearish areas like real estate, utilities, housing, energy, oil & gas, a ton of consumer staples, a bunch […]