This clip is brutally honest. Good for him. He may well not be asked back as a guest however…Andrew Smithers, founder of Smithers & Co., talks about the outlook for equities and methods for valuing stocks: Watch the Bloomberg clip here.
This week Ms. Park interviews money manager, author and Big Picture blogger Barry Ritholtz.
Another excellent interview from Federal Reserve Bank of Kansas City President Thomas Hoenig.
Hoenig is an adult with a rational, thoughtful take on the Fed’s mandate and the limitations of what they can and should be targeting. Hoenig says there’s a limit to how much more the central bank can do and that the focus should now be on solving the country’s fiscal problems. From Jackson Hole, Hoenig talks with Bloomberg about the Fed’s mandate, the outlook for monetary policy and business sentiment. Watch the clip here.
