The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Les H	8/24/2011 2:00:57 PM
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Dennis Gartman Puts A Huge BUY Rating On Obama, And Predicts 50% Upside May 3, 2011 Joe Weisenthal, Business Insider Just to give you a sense of how perception of Obama has changed since the Bin Laden killing, newsletter writer Dennis Gartman says he would be buying Obama at these levels. We would like to be able to “buy” President Obama’s public support ratings at last week’s lows when they were at or near 40%. We shall expect to see his public support sky-rocket toward 65% or higher when then next public support numbers are reported later this week and then again next. Clearly they will leap higher. And he even sees a real economic impact: This then brings us to the economic consequences of what has happened regarding bin Laden’s assassination. The President can and will press his own agenda more powerfully as a result of his spiking public support ratings. Were we him that is clearly what we would do. We would seize the moment and push ahead... hard...for our own agenda. In his case, that will mean more spending and higher taxes. Two weeks ago, any thoughts of such economic policy making would be nonsense; this week it is reality, harsh though that might be. businessinsider.com

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