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Apparently there was protest in Spain today, so Kudlow wanted to check in with Ken Heebner to see if he sold all of his holdings as a result. Amazingly he hadn’t!
Heebner’s comments include:
- Protests aren’t a big deal, Europe has a decent plan.
- Recent improvements in housing prices will provide major strength for the U.S. economy.
- Housing price increases do wonderful things for consumer confidence.
- Thinks home prices will be rising for quite some time.
- His favorite investments now are retailers and big banks.
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