Stupid press release of the day
Hey CNBC producers. Check out this guy. He's "edgy." He goes "against conventional wisdom." He says unemployment will top 20 percent. He's wrong. But who cares. He's edgy! Book him, Maria!
PRESS RELEASE"Economic Downturn to Worsen" Warns Multi-Millionaire Trader
Critical Insight on Where to Invest and How to Protect Assets Offered
(MMD Newswire) August 11, 2009 - - Multi-millionaire trader, Vince Stanzione, predicts a lot more doom before the next boom. This veteran trader is warning stock market investors that the worst is yet to come.
"The markets and property markets are heading lower, much lower.
Unemployment is going up 20%+, and living standards will not return to the 2007 levels for at least 20 years, if ever. Recent moves up in the stock market are nothing more than manufactured short term gains," warns Vince Stanzione. He continues, "I have no desire to scare people or give false hope; I trade as I see it and share my information. I am not the most conventional trader, as I'm not afraid to bet against the crowd. I have an eye for spotting the next big trends."Vince Stanzione is Available for Interview
Vince Stanzione will share his amazing insight into the next big trends as well as explaining how to protect assets against future economic downturns. Vince has extensive experience giving TV, radio and print interviews. His views on the financial markets are interesting because they are edgy and go against conventional opinions.
UPDATE: I'm not wrong, says Vince. Vince Stanzione, who seems to think net worth = credibility, emails:
Stupid release?, when your a multi millionaire with a track record like mine then you can maybe criticise.Why I am wrong that US unemployment will not reach 20%?, if you worked it out truthfully it would not be far off it now.
32 million on food stamps.
Unlike you and most I put my money where my mouth is.
Regards,Vince
Comments
Mr. Stanzione has such a way with money, yet such a tenuous grasp on basic grammar, spelling, and diction.
Posted by: bw | August 11, 2009 1:27 PM
Mr. Stanzione probably made his millions by taking advantage of this system that brought the unemployment rate so high. Thank you sir!
On the other hand, maybe his day job isn't working out so well recently (like so many others) and he is looking for a side job as an expert talking head. Good luck in the job search sir!
Posted by: AmyLynn | August 12, 2009 6:54 AM
And we trust people like this with our money?? No wonder financial markets are in shambles. It's almost comical. Almost...
Posted by: Student | August 13, 2009 11:24 AM