Economist Peter Morici says in the clip below the last 15 month rise in the stock market is "one for the ages."
"I think the president is soft peddling a bit, the stock market turnaround, because he doesn't want to appear insensative to mainstreet...you have to go back to FDR to see a new president that has made the stock market perform like this."
That doens't mean we're out of the woods, or protected from another economic crash, but it is a glimmer of hope.
No comments:
Post a Comment