Michael Lewitt: The Easy Money Saloon
Stock Market will do well with continued Fed money-printing
Jim welcomes Michael Lewitt, editor of The Credit Strategist this week. Michael believes Europe is still a mess, and will continue to print money. He also believes the US is on a dangerous path with the government’s "deeply flawed" tax and anti-growth policy proposals. Finally, Michael believes investors have no business owning Treasuries at this time.
Michael has spent the last 25 years in the securities industry and the last 20 years in the investment business. In January 2012 Michael joined Cumberland Advisors as a Vice President and the Portfolio Manager for a below investment grade corporate debt strategy designed for both individual and institutional investors.
Since 2001, Michael has also edited and authored The Credit Strategist, a newsletter that covers economics, politics and the financial markets and that is widely read around the world. Michael will continue to write The Credit Strategist as he works with Cumberland and expects the newsletter to benefit from Cumberland’s rich research and analytic resources.