Sunday Brunch Breakfast Links
- Posted by Jeff Carter
- on July 31st, 2011
Maybe we need Monty Hall in Washington DC. Boehner and Reid get closer to a debt deal.
Seeing more of this from the left. Ignore the Constitution by using the 14th Amendment. I don’t think either party really wants to go there. If they can’t reach a deal, they will fall back with the McConnell plan proposed over a week ago.
More on the anemic GDP numbers. They are “unexpectedly” low. A key number to look at over the next couple of months will be consumer confidence. A big drop in confidence will signal another recession. Already, we are hearing anecdotal stories about empty car dealers and empty stores.
The end of Obamanomics-which is really the end of Keynesianism. Going to take a few elections and a lot of education to straighten it out. (Both parties by the way)
3 Things You Need to Know about Trade deficits. (it’s not what you think)
Some unrest in China.
The effects of massive debt. One effect, you lose personal freedom.
I back Andrew Breitbart on this issue as well.
Will CME Group ($CME) move? Who knows. Illinois politicians should not take their statements as an idle threat to get bargaining leverage.
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Jeffrey Carter is an angel investor and independent trader. He specializes in turning concepts into profits. He co-founded Hyde Park Angels one of the most active angel groups in the United States in April of 2007. He previously served on the Chicago Mercantile Exchange Board of Directors. He has done market commentary for (More...)