Comments on: JAMES GLASSMAN INTERVIEW http://pragcap.com/james-glassman-interview Fri, 25 May 2012 19:36:46 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: JR http://pragcap.com/james-glassman-interview/comment-page-1#comment-2710 JR Sun, 05 Jul 2009 01:13:10 +0000 http://pragcap.com/?p=6140#comment-2710 Is this the same James Glassman who co-authored "Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market" in 2000? Is this the same James Glassman who co-authored “Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market” in 2000?

]]> By: Nick http://pragcap.com/james-glassman-interview/comment-page-1#comment-2700 Nick Sat, 04 Jul 2009 04:49:30 +0000 http://pragcap.com/?p=6140#comment-2700 Someone working for JP Morgan has a conflict of interest when it comes to predicting the future of the economy for the public. JP Morgan probably has a lot of money invested in the stock market. And if they want to sell their shares now. Then one good way to find buyers at good prices is to talk up the economy and the stock market. I don't think any economist can know the future for sure. But one thing to keep in mind is that a lot of these economists working for big financial firms have failed completely to predict the collapse of the housing market and the economy. They were optimistic in the face of complete disaster. And now I don't see how they can have any credibility at all. Someone working for JP Morgan has a conflict of interest when it comes to predicting the future of the economy for the public. JP Morgan probably has a lot of money invested in the stock market. And if they want to sell their shares now. Then one good way to find buyers at good prices is to talk up the economy and the stock market.

I don’t think any economist can know the future for sure. But one thing to keep in mind is that a lot of these economists working for big financial firms have failed completely to predict the collapse of the housing market and the economy. They were optimistic in the face of complete disaster. And now I don’t see how they can have any credibility at all.

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