Hillary is like an inverted yield curve with liquidation threat
...says supply-side economist and television personality Larry Kudlow (CNBC: Kudlow and Company,weekdays 7 pm EST). I thought that was a pretty interesting analogy. Larry says, and I agree completely, Hillary Clinton is finished. She needs to win in both Texas and Ohio in the upcoming caucuses. Although she has a chance in TX because of the strong hispanic population there, she does not stand a chance in OH. Obama has knocked her off. All her campaign investments gone, nevertheless she gave an interesting and tough, I must admit upto now, fight for the Democratic candidate. At the Republican side, McCain seems to be sailing smooth. In the last 10 years, Democrats have won the election only 3 times. Can Obama pull it off this year?
And also goes down hopes of John Mack, Chairman and CEO of Morgan Stanley, behind his stupidity in endorsing Clinton, although her campaigns were not pro-business. Mack's organization was hit bad by the credit market sluggishness and now will pay the price for the Clinton factor.
Labels: Just Casual