Obama's 'predictably irrational' economic policies
14 reasons Obama's love of Wall Street will trigger the Great Depression 2. First: Kiss the rally good-bye, says Jeremy Grantham... Why? The market is overvalued 25%. A minimum 15% correction is coming in 2010, putting the Dow in the 8,000-9,000 range. The S&P 500? Not at 666 like last spring; maybe 800. America has "learned nothing," we are "condemning ourselves to another serious financial crisis in the not too-distant future." Obama gets failing grade in behavioral economics . 1. Obama's shift into 'predictably irrational' economics. If Grantham ever was a fan, he's clearly disillusioned with the president. His 14...
Original Article: Forum: News/Activism
Tags: Behavioral Economics, Dow, Economic Policies, Financial Crisis, First Kiss, Good Bye, Great Depression, Jeremy Grantham, Last Spring, Love, Obama, Rally, Wall Street, X26, X27