Professional Documents
Culture Documents
BarronsTheArtofSuccessfulInvestingConferenceOctober21,2013
Twobigideas:
1) JanetYellenislikelytokeeptheFedfundsratewhereitisforatleastanothertwo
years.Sheprobablyneedstosee6.5%unemploymentforawhilebeforesheraises
it.
2) Republicanswillcontrolthehousethroughelectionsandconsequentlythereis
unlikelytobemorespendingpassedinthecomingtwoyears.
ElizabethWarrenistheonlypersonthatgetsthedemocraticbasereallyexcited[!!]
WashingtonhasalreadynominatedHillaryforthedemocraticticketandappointedher
president
ChristieistheRepublicansbestcandidateintermsofelectability
o Thequestioniswhetherhewillgetthenomination
o ARandPaulcandidacywilllikelybearepeatoftheGoldwaterfailure
HillarysbiggestproblemisnotBenghazi(althoughthatshighonthelist),itsthatsheoffers
nothingnewintermsofideas
o Sheandisseenasestablishment
TheTeaPartyisaveryseriousforceinWashingtonrightnow
o Thereisastrainofveryantibusinessteapartiersthataregaininginfluence[Iwonder
whathisdefinitionofantibusinessis.Anticronycapitalismisoftencalledanti
businessbytheWashingtoncrown.]