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O’Leary: No good news for middle class + the bond debate, thoughts on stocks

CNBC, Released on 8/26/14

“If you’re one of the 60 million Americans in a small business in the middle-class, the government is your enemy not your friend; you are buried in regulation. No, no, no – there’s no good news here at all.”

Part 1 – How fares the middle-class?

“You know, we’re not seeing companies coming out after this last quarter saying, ‘We believe in fantastic growth in the back end.'”

Part 2 – Thoughts on S&P 500 closing above 2,000

Part 3 – the bond debate

Part4 – Amazon can monetize Twitch like no other

Kevin O’Leary is a Canadian businessman, investor, and television personality. From his basement, he launched SoftKey Software Products and In 1999 Kevin sold his company to the Mattel Toy Company for a staggering 3.7 billion dollars, one of the largest deals ever done in the consumer software industry. To keep his money working hard, he took control of his wealth from his lackluster money managers and founded his own mutual fund company, O’Leary Funds. He raised hundreds of millions of dollars from investors who share his “get paid while you wait” yield oriented, value investing philosophy. He is a venture capitalist on the Canadian television show Dragons’ Den as well as a shark on the United States’ version of Dragons’ Den, Shark Tank, which airs on ABC. Kevin has authored 2 books: Cold Hard Truth: On Business, Money & Life and The Cold Hard Truth On Men, Women, and Money: 50 Common Money Mistakes and How to Fix Them.

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