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Wednesday, April 7, 2010 as of 11:14 AM ET

The Casone Exchange
  • October 10, 2010 02:27 PM UTC by Cheryl Casone

    BEST GUESS: Macro Forces

    There was an interesting piece in the Wall Street Journal two weeks ago about macro forces.  The piece questioned whether the average retail investor really stood a chance to trade in the current environment of flash trading, institutional moves, and policy uncertainty.   The latter may be the most troublesome in my humble opinion, because the CEO’s and C-Suite executives speaking to me say they cannot commit to hiring or expanding or growing their business if they don’t know what Washington will do with regards to tax structure.   I am not necessarily loving the horse race mentality in play leading up to November 2nd, but it will be nice to wake up the morning of November 3rd and have a better grasp of what 2011 is going to bring us.

    CC

    JIM AWAD: ETF’s: watch for increasing worry about what they are, how they are constructed, how much are not real securities, how much leverage they use and how fast money traders use them..could they cause the next financial meltdown?

    ELIZABETH MACDONALD: Expect a technical corrections bill to financial reform and health reform if the GOP takes the house—but to get Dems on board, they will be called relief bills, not technical corrections bills.  And expect even more Congressional probes and a rollback of reform if Repubs take the House. Rep. Darell Issa is expected to head the House Committee on Govt Oversight and Reform, so expect a flurry of subpoenas related to govt fraud and abuse.  Rep. Jerry Lewis is in line to chair the House Committee on Appropriations, he could stall out health reform and finreg’s new rules and regulations by cutting off funding for them.

    JAMES LEBENTHAL: Grind higher to end the year at 1325 on the S&P 500. 

    LORI ROTHMAN: Increase in initial job claims could signal a worse than expected increase in all important monthly jobless numbers

Matt

Cheryl All Macroeconomics models are static and do not reflect the true state of the economy. All macro models in the past have been followed by boom and bust. The system is based on the consumption of capital by WalL Street, the banks and the Federal Reserve. Nothing has changed, therefore we are stuck in this demise untill Capital Accumulation occurs in our economy. The basic principle that allowed the United States to take off on the path of divergence.

October 12, 2010 at 8:11 pm

Jeff

Curious, what would happen if..every American (not illegal) was given 2 billion dollars? This is 127 billion less than the stimulus, apr. 660 billion total. HOW MANY homes would be foreclosed, lost jobs disrupt families, businesses started, food stamps unneeded, welfare stopped, doctor visits paid for, 401k's no longer raided, stabilize SSI, Medicaid, Medicare until those programs can be corrected? We could abolish the IRS & Income Tax to replace w/fair tax & reduce this HUGE government!! WOW!

October 11, 2010 at 11:48 am

about this blog

  • Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.

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