By: Peter J. Tanous, President of Lepercq Lynx Investment Advisory
Tuesday, 2 Apr 2013 | 12:19 PM ET
Today's paper says we should have seen it coming. The facts were all there says Peter J. Tanous, president of Lepercq Lynx Investment Advisory. Were we really that stupid?
Amid all the negativism out there, I believe optimism is in the air. Sometimes you have to search for it, or read it in the fine print. But I believe the political economy is getting better, not worse.
The latest retail sales numbers give ammunition to the bulls that the good old days are back. But hold on for just a minute optimists; the numbers aren't THAT great.
Larry Kudlow and guests from different sides of the political fence discuss recent proposals from the White House and Capitol Hill for raising the minimum wage.