Robert Nabloid

Options Trader: Friday Outlook

I can't help but think there will be layoffs in January. I also can't help but think Obama has little ability to stop the current economic situation from unfolding.

"I sincerely believe that will change in January, and if it doesn’t I will be turning a lot more bearish."

How many retailers will wait until after December and then start looking at the numbers and decide which stores to close? How many companies will wait until the New Years to start tackling the hard things - layoffs and restructuring? My intuition is a lot of companies are in this position and will wait until the New Year before a lot of changes start coming about.

With Election Behind Us, Where Should We Invest?

I agree, we must not start investing PURELY because of perceived government actions. As always, individual business fundamentals will reign supreme.

I believe "change" will be much of the increase taxes and increase spending we see from many governments around the world. That's what politicians do. They promise people things and they spend money. I believe fundamental change in how government is run will not be there considering many of his insiders have been around for a while (some from corrupt GS) and some from the Clinton Administration that helped create many of our problems by designing our economy to grow solely on cheap credit. Much of this cheap credit from the last decade only masked America's problems... they have now become evident to everyone... but how can the government fix it by increasing taxes and spending more?? That isn't change.

Personally, I'd focus on industries that have a good economic outlook, regardless of who's in the white house. Then I'd look at great individual companies in that industry. It's funny how Presidents take blame and the credit for the entire economy... They only help create the situation, good or bad... They are one part of the entire picture and many forget this.

Wall Street Breakfast: Must-Know News

I agree Long-Short Guy!