Monday, 1 April 2013

Wall Street Oasis - Investment Banking & Finance Community: The Most Bullish Article I've Read This Cycle

Wall Street Oasis - Investment Banking & Finance Community
The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.
The Most Bullish Article I've Read This Cycle
Apr 2nd 2013, 00:30

blame
State-Wrecked: The Corruption of Capitalism in America was a nice lunch read today. Written by David Stockman, former congressman and Reagan's budget director from 1981 to 1985, the article (in my opinion) accurately sums up the negative global economic viewpoints. The Malthusian warnings range from socioeconomic inequality in America to unsustainable debt/deficits that will cause this latest bubble to "explode," but the flaws in his argument make me far more comfortable owning US stocks. I now go line by line:

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