T_Slim Posted October 10, 2010 Report Share Posted October 10, 2010 You know, I will give this guy props for exposing the problems in Canadian real estate and standing up to party politics, but when it comes to equities, this man is utterly clueless. His financial advice is going to lead many a folk to the slaughterhouse. In his latest entry Garth writes: "Okay, so why has the Canadian dollar shot higher, and once again is approaching parity? Why has the TSX made steady gains? Why is the Dow once again above 11,000 after having its best September in over 70 years? Simply because markets have already factored in most of the bad news – a US housing market not yet at the bottom, structural unemployment, middle class mayhem, runaway public debt and a protracted sucky period. There’s nothing new emerging that we didn’t already know about." The Unexpected No wonder this guy got voted out of office . . . I was really tempted to try to educate this guy Doc, but the wife said don't do it, that he's the type that thinks he knows everything. Put this guy in his place Doc and plug the Wall Street Examiner at the same time! Link to comment Share on other sites More sharing options...
DrStool Posted October 10, 2010 Report Share Posted October 10, 2010 If I have time, I'll check it out. Link to comment Share on other sites More sharing options...
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