Wednesday, April 23, 2014

David Einhorn says a bubble is coming to tech.

David Einhorn says bubble is coming to high tech.Of course,this same David Einhorn who shorted Green Mountain Coffee about 20 dollar a few years ago,today the stock is in 80's under a new name.Also Einhorn shorted the Mexican fast food place,a little upscale,and that stock took off and Einhorn admitted a mistake.
Heard the C.E.O of Norfolk Southern on Fox business news.He said more shipping traffic goes through Suez Canal today then the Panama Canal,which is expanding by won't finish until 2015.Big manufacturing increase in Vietnam and Malaysia,Mexico too and if fracking oil and gas big new energy resources for North America manufacturing will gain strength the steel industry is rebound in the U.S, tubing for energy industry Ohio has seen a rebirth of Steel industry.
Great line from Senator John McCain(the man that should been President) he said Russian is gas station masquerading as country.

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