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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (10522)11/10/2008 9:24:31 PM
From: John Pitera  Respond to of 33421
 
Hi Bob,

Yes, plenty of problems to go around, you realize that Pres-elect Obama has not been studying these Global Macro Issues for the past 10 years, so he will really be listening the true powers that be. He has no choice and I don't know who's giving a 5 week crash course on the massive global deleveraging and concomitant economic slowdown.

The US as a country is going to need continued strong leadership that does resides behind the scenes and is not elected to the executive and legislative branches. At the same time I have and always have had concerns about the behind the scene concentration of power by the "Old Money" Masters.

John