Political Showmanship at the Expense of Stability
Dodge O Dorland
14-Oct-13 10:31
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On International Market Watch Dodge O Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers in New York, speaks to us about the ongoing impasse in Congress. After markets were given false hope on Friday he discusses what to expect in market movements today, the doomsday scenario and how to prepare one's portfolio for a possible default.
He also talks about why Obama turned down the no-strings-attached proposal from the Republicans last week.
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Tags: us, debt ceiling, default, gold