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LIGHTNING ROUND: QE an "addiction" that will go bad

Tuesday, September 11, 2012 - 02:17

Sep 11 - Cumberland Advisors' David Kotok says investors have priced in expectations for more Fed easing, but points out the markets' reliance on the central bank's support makes his a ''scary time''.

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And advisors because talked let me now for a lightning round on the market David Ewing theory if we get it -- -- right into the mark. A lot of it right and -- they've been talking about it we've been anticipating and a lot of its discount -- I think most of it is discount that and don't get it tomorrow. He -- support. You get it and that's already priced it is another tablet that thought. Well if this doctor celebrating Q we all over the world. I thought we were in the business of earnings and profits and growth in revenues but we're in the QE bit. This is this is a recipe and -- you don't reply an addiction with more sustenance. Forever. So I think it was a scary time. Sony thinks stocks are more likely to go down that well. US stock market value that a 110% of GDP profit shares being in this falling off. After collision course strategically does it mean you work. On Tuesday or Wednesday we don't know what it's cause for concern I'm concerned. Market over valued over all at once sector particularly it looks -- right. I don't know about -- -- There's there are opportunistic sector I like energy. Are -- decade long story. And it looks like housing. Is bottoming out so home builders her story to harness sector. Or maybe it. The fact that you and apple which is on fire for example well -- Open it up apple. Oh yes very apple like any time. Apple. Gets it right now without. Doing it different now I think -- facility list. And hand picking continues in your world know about the stand -- another thing to your facility -- -- members the ability. Is the third largest debtor in the world and the largest the United States is that bout against them rated buy movies. After pressing issues so I think it's yet. -- -- -- -- It could talk -- it's good to talk to you I'm Rhonda schaffler at the writers.

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LIGHTNING ROUND: QE an "addiction" that will go bad

Tuesday, September 11, 2012 - 02:17