TexasDevilDog
03-03-2009, 09:39 PM
March 3 (Bloomberg) -- President Barack Obama said falling share prices may mean bargains for investors with a “long-term perspective.”
“What you’re now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal, if you’ve got a long-term perspective on it,” Obama said at the White House today while meeting with British Prime Minister Gordon Brown on battling the global recession.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aJlunmJjNVAc&refer=home
Maybe he should stick to just one job.
“What you’re now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal, if you’ve got a long-term perspective on it,” Obama said at the White House today while meeting with British Prime Minister Gordon Brown on battling the global recession.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aJlunmJjNVAc&refer=home
Maybe he should stick to just one job.