OT: CNBC - Traders say this could be the big short for 2015

7 comments

• sharkhunter

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  10 years ago

  Is this going to be like investing in gold two years ago?
• Dougster

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  10 years ago

  The financial media is not exactly renowed for broadcasting moves in the correct direction before they happen.
• ilbbaicnl

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  10 years ago

  Obama has made one thing clear: he's no lame duck, he's a why-should-I-give-a-fuck duck. He's taking care of his core constituency, law suits and Fox News bitching be damned. His core constituency wants low interest rates and labor shortages, even if that causes moderate inflation (say 5%). The Fed is supposed to be somewhat independent, but since Obama clearly has the gloves off, I wouldn't count on it that he can't bend the Fed to his will.
• sharkhunter

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  10 years ago

  I haven't seen Fox News since Dish had a disagreement with them trying to raise rates. I like watching the hot girls on fox news but I don't want to pay higher rates myself. Fox news was dropped for over 10 million viewers.
• sharkhunter

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  10 years ago

  I heard a quote from Obama in 2009 after he apparently already met with Ben Bernanke. "It looks like a good time to buy stocks.". It was the ultimate stock tip that many missed.
• Dougster

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  10 years ago

  @sharkhunter: yes, it was kind of funny. I don't think he knew much about the stock market before that because he said "price and earnings ratios are starting to look good" (as opposed to price to earnings ratios). I credit him because, like Bush, he was able to set aside his preconceived notions about the markets and economics and do what was right for the country.
• Dougster

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  9 years ago

  Ouch!