ATLANTA— I recommend Emmett Tyrrell’s recent opinion piece entitled, Obama’s Carrousel of Incompetence. It was the first real insider’s view into how things are working in the Obama White House that I have read. Evidently, Barack Obama, Rahm Emmanuel and David Axelrod are intense micro-managers, with a penchant for overstepping Cabinet-level appointees to meddle in the [...]
Archive for August 31st, 2009
Is the Stock Market Setting Up for a CRASH!?
Posted in Economy, Foreign Affairs, tagged China, Chinese Stock Markets, DJIA, Dow Jones, Obamanomics, US economy on August 31, 2009 | 8 Comments »
ATLANTA— For a number of reasons, I think the U.S. stock markets will retreat in the upcoming weeks, with the Dow nose-diving off of its August highs. One of the big contributors this week may be the news from Asia that the Chinese government is going full tilt on tightening monetary policy.