Room For Optimism?
Matt Galloway spoke about yesterday's TSX slump with Thomas Caldwell. He is the President and CEO of Caldwell Securities.
Listen
(runs 6:25)
Our listeners write:
You missed a key point in this interview. Accurate information helps to make good investment decisions. That being said, why didn't you ask Caldwell about the total toxic global debt?
The fact that it can never be repaid is why so many businesses don't trust the goverment and won't invest their billions. Naturally, he won't say that because he thinks his clients will all pull their accounts if he does? If my investment advisor actually told me the truth, I might keep my accounts with them.
-Tom
Listen

Our listeners write:
You missed a key point in this interview. Accurate information helps to make good investment decisions. That being said, why didn't you ask Caldwell about the total toxic global debt?
The fact that it can never be repaid is why so many businesses don't trust the goverment and won't invest their billions. Naturally, he won't say that because he thinks his clients will all pull their accounts if he does? If my investment advisor actually told me the truth, I might keep my accounts with them.
-Tom
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