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Larry House is a
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1314 comments
Rating: 2388
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I couldn't agree more. The Fed is giving the markets a fix with buckets of money, and we have yet to begin the withdrawal. I don't think it will be pretty. Where is the potential for growth in corporate profits? House values are falling, consumers are in debt up to their eyeballs and prices for everything are going up. These things can't turn around on a dime. We have not yet felt the real recession. We have indeed been reduced to being traders instead of investors. Be patient. Keeps lots of cash. There is no "fat pitch" in this market to swing at.
May 07 11:49 am
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All Comments by Larry House »Only the Oil Companies Win [View article]