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Victor Sperandeo of Alpha Financial discusses why you need to wait for a decision on the president’s health-care bill before investing in equities.
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It affects for a video he's with alpha financial -- to welcome to the program for the city again C.
Look seems to me that the whole world is slowing down Europe's -- -- China slowing Latin America's not doing that well in America slowing down to.
Why should convince me why should I invest in stocks when the whole world economy is -- Well currently you shouldn't invest in stock not have -- minimum minimum exposure of anything.
And you should be waiting for the Supreme Court decision before you.
Make your choice -- hello Supreme Court decision -- health care bill.
You think that makes a big difference huge -- -- the whole market yet the keys to the home if it's if you if Obama loses that which he really work for for two years what else has he done did the stimulus.
Which is -- Over indeed very little indeed died we're Dodd-Frank what else are -- -- did you think that if the Supreme Court tosses out obamacare released the mandates.
You think the whole market -- all stocks go down oil's also I don't know -- I don't know it's it's a buying opportunity because it's gonna reflect.
That Obama will lose and what the markets want.
Is Obama -- you think of the primary factor in this American market Wall Street right now.
He's who wins the election in November room without a doubt and you think about the tax the bush tax cuts are gonna disappear and all but he's done against business anti -- these regulations.
If no one Wall Street he's getting less -- -- so people like me in Wall Street although I didn't vote from the beginning.
But they giving -- home that's a reflection they don't want on the -- isn't so you think if he wins a second to bad for the markets.
If he loses.
And as a Republican in the White House and let's say a Republican senate Republican.
House you think that's a signal up goes the market.
Yes -- they're gonna promote growth policies so the low growth is gonna become high growth.
You know although there are some people who think -- of obamacare struck down it's actually rallying cry for -- elected helps Obama get reelected because he says look you know I did this fantastic king and even the judges are biased.
They're throwing it out we need to get in there and really affect change in and it's rallying cry for the left.
All all of the people that voted for him initially.
Some of those people the independence -- not to -- from now.
So here's the question to you.
Who do you know that didn't vote for him.
That's gonna vote for him at this time -- -- -- having you with a -- media content yes I mean analyst every rally and we're trying to doesn't matter.
It's it's what he's going to lose votes that he had before.
And the its gonna narrow when it's gonna swinging towards the Republicans because he's done such a terrible job this is very interesting I didn't know it was consent all of us I did not know you gonna call about politics well -- didn't know.
What have you back this like this process the case of capitalist speculators this is what we we that's where you -- -- stereo always interesting -- -- much -- trader -- -- like that the actress.
