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Gregory Mannarino
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I started my financial career working for the securities and trading arm of the now defunct Bear Stearns before thedot-com bubble. I am an active trader of the capital markets. I have published several books pertaining to finance, global economics, and equity trading; My most recent book is... More
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  • President Obama: "No Strategy On ISIS," As U.K. Raises Terror Threat To "SEVERE." 1 comment
    Aug 29, 2014 2:12 PM

    In a stunning revelation during an emergency press conference President Obama admitted he had no strategy with how to deal with the ISIS threat. Moments after that conference the White House went into full on damage control, having his press secretary and the State Dept. Attempt to clarify what the President "really" meant.

    Below White House Press Secretary Josh Earnest.

    President Obama said that having a strategy against ISIS at this time would be like "putting the cart before the horse," and this exact statement was parroted by his press secretary Josh Earnest, yet another total embarrassment to America.

    And today the British Prime Minister David Cameron raised the terror threat in the U.K. to it's second highest level, "severe," meaning an attack is highly likely.

    With regard to the equity market:

    This is not a time to be taking on risk, there is no reason for it. An attack on the U.K. Would rock the global markets as any attack at the U.K. Would mean that direct US military involvement against the terrorist organization, most likely ISIS, would be undertaken.

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  • Amayzingone
    , contributor
    Comments (50) | Send Message
    Of course the US have a strategy. The CIA created this mess. read here:
    Maybe its just that Obama doesn't know about it.
    3 Sep 2014, 09:34 AM Reply Like
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