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-- U.S. is about to get into another freak show (aka fiscal cliff discussions in Congress).
-- He thinks nothing will happen in the lame duck session right after the election and at most they will kick the can for another three months or six months.
-- He hopes that congress will reach some consensus on extending the bush tax cuts, without which growth will be lower and unemployment will be further higher.
-- Thinks more regulation by Obama is the most horrible thing for the U.S. economy. Uncertainties related to health care and taxes are economy's biggest problem.
Credit and Source: Bloomberg, www.bloomberg.com
Here is the video:
[bloom.bg]
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