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Larry Summers as Fed chairman would spike the dollar upwards and lower stocks

Posted on 30 August 2013 with no comments from readers

The S&P 500 has likely peaked for this year. The real issue for investors on Wall Street is not Syria and $150 oil but who becomes the next Fed chairman. The madness of Wall Street continues.

Lido Isle Advisors President Jason Rotman explains why he thinks the S&P 500 Index has peaked for the year and Larry Summers would be good news for the US dollar. He speaks with Olivia Sterns on Bloomberg Television’s ‘Street Smart’…

Posted on 30 August 2013 Categories: Banking & Finance, Bond Markets, Global Economics, Hedge Funds, Investment Gurus, Oil & Gas, Sovereign Wealth Funds, US Dollar, US Stocks, Video Channel

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