Cnn talks about “echo bubble” that will burst in a year unless we get growth going on a fundamental basis — obama is struggling without that growth model should be
Employers are vigorously cutting jobs, salaries, and benefits and this is going to be slow to come back, especially with the adverse feedback “Obama” loop of the anticipate costs and in-flexibilities of health care reform, card check, and cap and trade.
Expect more government intrusion to force feed job growth in a wasteful, expensive way with more regulatory bullying.
So could be a real snap back in financial asset price unless the push back against policy intrusion weakens and is not successful
November 9, 2009 | Posted by wizardx
Categories:
Tags:
