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Compiling comments that experts make about stocks while on public TV.


General Comment by Larry Berman CFA, CMT, CTA

Bias Subject Owned

Markets.  Hurricane Irma has been downgraded, North Korea did not proliferate into something worse and so markets have rallied.  The back to back hurricanes you don’t see every day.  The hit to GDP could be greater.  100 Billion to fix things is just 5% of GDP and this is not good growth, although it is growth.  Prayers and wishes to those that have suffered through those however.  The CAD$ and the sudden shift to a more hawkish tone with the US backing off their rate hike expectations has had a dynamic shift in the currencies.  He projects the CAD$ up to 84 cents.  He wants US$ exposure.  The BOC surprised him as he did not expect increased rates.  If the CDU/CSU wins another term in Europe that will probably be good.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.

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