VIDEO: Toyota GT-86 Academy Vallelunga 2013
The appointment of 8 November at Vallelunga for the new stage of the GT86 Academy, has recorded…
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VIDEO: Turkish Police Fire Tear Gas As Kurds Protest Against Syria Wall
Turkish riot police fired tear gas on Thursday to disperse Kurdish protesters demonstrating…
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So far the market has not really been phased by the government shutdown. We have seen a small downturn this week but no large change. However if the U.S. does does not come to a consensus over the Affordable HealthCare Act and we don't raise the Debt Ceiling it could have catastrophic consequences on the economy. Most investors seem to be complacent saying that the shutdown/debt ceiling is not a reason to sell stocks. However, if the U.S. does reach what many think to be a 0% chance scenario where we are unable to pay the interest on our loans it is predicted that the S&P 500 would crash to 850, about a 50% drop. However if we do make it past this Political fiasco the economy may still have juice left to climb. I have written a few times before about KKR, as experts in the market they often provide useful insights. Alex Nevab KKR's co-head of Americas private equity said, "We actually see the economy recovering and has further to go through 2016 or 2017." KKR believes that if we do get past this debt ceiling crisis that the market was not at a low point or a high point and is showing a good environment for growth. Other notable leaders in KKR include former RNC chairman Kenneth Mehlman and General David Petraeus.
http://assetsandmanagement.blogspot.com/2013/10/if-we-ever-get-over-this-political.html
VIDEO: Traders Weigh Jobs Data: Eyes Turn to the Fed
Brendan Conway takes a look at the markets, including three stocks to watch today. Photo: Getty…
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Asset Management
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Investments after the natural gas revolution.