Activist investor Carl Icahn was on CNBC this week, ranting against the board of directors of eBay, when he broadened his harangue to include the broader economy, saying that markets and the nation are in deep trouble, particularly because of lingering unemployment, and that an economic fall is coming. …
The current talk about economic bubbles makes me think about the bubbles of politics that could burst this year. Unlike the warnings and caution that protect the economic bubble, almost no one seems to be warning that deep and persistent wrong-track sentiment could burst the bubble of political stability. CONT.
David Hill (Hill Research Consultants), The Hill