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What Could Derail the Markets, Economy in 2013?

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  • Description

    FBN’s Charles Payne on the potential risks to the markets in the year ahead.

  • Duration 2:34
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It is time to make a little money to a -- -- this out Charles taking a step back and taking a look at what could the do you read all the stock market rally in 2013.

You talked about the pros in the laughs yeah -- -- I I mean personally I'm extraordinarily optimistic about the market -- really think it's gonna be huge year for stock market however there are -- people have -- me an email we are ready to remind me.

So there's enough hours in the day to talk about what could derail the economy you know I didn't know what it would bring up on Friday and this organization Oxfam and I'm pretty sure you heard -- they're all over the country.

If all the world rather kept that came out a program to eliminate well for the extreme wealth.

About twenty point five in other words no individual billionaires they want and they don't want any.

And I think I put this up because you know they kind of talked about the negative impact above global wealth over the years but.

I think -- notes is looking at the -- life expectancy certainly.

The developmental wealth around the world has not heard people.

Since the 1950s as you can see life expectancy all around the world significantly better -- I -- gonna continue to get better them in large part because -- profit driven.

You know democracies where people create cures for different things that other people.

But this don't they wanna do in -- -- some things that could ultimately derail our market they want more regulations more taxation limits the bonuses.

Limits interest rates -- the cap would keep accumulation.

Earnings for executives based on a multiple blows paid person of the company progressive taxes.

To re distribute -- what that was Friday we just have to -- that I duration.

Any kind of tackled some of these things obviously the climate change saying yep we know that's it would be extraordinarily expensive for businesses for individuals and if this goes did.

To fracking and then of course you guys are just -- out.

Talking about that if this goes to fracking forget about it because that's been sort of an economic miracle that think just because of the jobs it's created the tax base but also makes us more competitive.

As China's wages go up the reason we can bring some of these jobs back is now -- Our energy is so much cheaper than it is in China so I'm worried about those things as far as the bigger issues that people talk about like the -- -- all -- up.

Obviously at some point the house of cards comes crashing down I don't think is going to be 2013 I think some of these other things though.

The left caught up in these social welfare policies not having to defend them and actually suffocating from them I think corridors for them.

Nine since scary thing can -- some scary thinking gap and how do you be successful.

Let's have a credit that -- you can't mention here.

-- -- now well the west you know so yeah there were kind of following -- -- unfortunately have -- -- Charles thank you very high us appreciate it.

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