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  • On The Economy & This Sideways Stock Market

    The latest stronger than expected GDP reports shows the economy is not in a recession, despite what the media and Hillary and Obama would have you believe. I will discuss last week's GDP report in detail below. We will also discuss why legendary Wall Street maven Peter Bernstein believes the stock markets may remain in a broad sideways pattern for several more years - that is not good news. But just in case Bernstein may be right, I revisit our old friends and professional money managers Potomac Fund Management and Niemann Capital Management and slice-and-dice their past performance as compared to the major market indexes. I think you'll be pleasantly surprised! Lastly, don't miss my "POLITICAL EXTRA" at the end....