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Mario Gabelli Discusses the Election and the Economy
Posted by: CanadianValue (IP Logged)
Date: November 8, 2012 11:37AM
Gabelli’s observations include:
- Believes the fiscal cliff can will be kicked down the road, there is no way to solve these problems in this short of a time frame.
- Obama election doesn’t have much of an impact on his approach as a business focused investor.
- He thinks China has a great model for economic development and will continue to grow robustly.
- While he shares the China concerns that short-seller Jim Chanos has, Gabelli will invest within his core competencies in China.
Guru Discussed: Mario Gabelli: Current Portfolio, Stock Picks
Stocks Discussed: SPY, DJI, QQQ,