President Clinton got it right after the 554-point market tumble Oct. 27 when he said a president should not comment on future market activity. Too bad he didn't take his own advice.
In his desperate effort to round up congressional votes for a "fast track" trade bill Wednesday, he publicly stated passage "would be healthy for markets at home and around the world" -- implying failure will set off another dive.
That may well happen -- and Clinton's irresponsible remark will add to the downward pressure.
© 2018. All Rights Reserved. | Contact Us