Private Client Commentary – liars and fools – Private Wealth Advisors

Thursday, January 22, 2009

Private Client Commentary – liars and fools

by Marty Mazorra CFP®, ChFC®

Founder & Co-Chief Investment Officer

Dear Clients,

NYU Business Prof Nouriel Roubini (AKA Dr. Doom) predicted just a few weeks ago that this recession will go on for another three years.

Nobel Prize winning economist Paul Krugman (along with 90% of his colleagues recently surveyed) predicts that the recession will officially end sometime during the second half of this year.

Doug Hornig, author of nine books and contributor to Business Week as well as a number of other publications predicts (virtually guarantees in fact) that another

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Marty Mazorra CFP®, ChFC®

Founder & Co-CIO

is the author of "Making Lemonade: A Bright View on Investing, on Financial Markets and on the Economy" and "Leaving Liberty?: Essays on Politics and Free Market Thinking".

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