The Political Drag Is Real
This time you really can blame the politicians. It's not an alibi. It's a reality. While I don't like to hear from companies that they missed the quarter because of European weakness or the coming fiscal cliff or the slowdown in China, it has become pretty darned obvious and glaring this reporting period that it's the politicians who stand in the way of earnings growth that can drive markets higher.
The disgusting thing about it all is that the politicians could not care less. It's almost as if the whole world has turned left and the last thing the pols want to think about is the possibility that business may be hurt by their policies....463 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
