Investor Danny Moses si founder of founder of Moses Ventures. He bet against mortgage-backed securities before the 2008 financial crisis.
Here's the report for some weekend reading if interested.
Comments:
“I think we are underestimating the impact to the economy of the cuts we’re making at the federal government, and what that might mean in terms of knock-on effects,” "I think we’re hurting the revenue side of the equation,"said first-quarter earnings reports will likely reveal signs of a market slowdown
consumer confidence already showing weakness
risks of economic downturn haven't been fully priced into the markets yet.
Speaking on CNBC.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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