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President Barack Obama: The Temperament of a Champion Stock Trader
I think President Barack Obama would make an exceptional short-term stock trader.
I’ve never met the man, personally. And I know nothing about his stock portfolio or whether he even has one.
Yet what I’ve seen indicates that he would make a lot of money trading stocks. Why? Because Barack Obama has a world-class temperament. And so do all great traders.
Let me begin by saying I’m not endorsing or opposing any of President Barack Obama’s policies here.
- But I noticed that he took down the Clinton machine in the Democratic primaries without so much as raising his voice.
- When his former pastor Jeremiah Wright…
A New Wave of Congressionally Mandated Energy Profits Is Just Around the Corner
Congress is talking about going after oil speculators in an effort to lower prices by limiting the amount of money flowing into oil contracts.
We realize that they’re upset, but they’re going about this the wrong way. What’s more, they’re demonstrating a near complete ignorance as to how financial markets actually work.
It doesn’t help that they’ve got energy analysts from some of the top firms telling them the price of oil could drop as low as $65 to $75 per barrel, bringing gas down to around $2 per gallon within 30 days of legislation that puts limits on speculation.
While we normally…
24Jun2008 | Money Morning | Comments Off | Continued
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