Camp Kotok less worried about economy than weak US leadership
This is the second article by Katie Darden in a two-part series about Camp Kotok, a yearly gathering of economists and financial professionals organized by Cumberland Advisors Chairman and Chief Investment Officer David Kotok. Click here to read the first part.
There was plenty of pessimism at Camp Kotok this year about the direction of U.S. leadership both at home and abroad. But while the gathering’s namesake sees ample cause for concern, he also sees some reasons for optimism.
“Risk is rising,” David Kotok said in an Aug. 6 interview while waiting for smallmouth bass to bite. The conversation took place toward the end of a long weekend at Leen’s Lodge in rural Maine, where Kotok had invited several dozen economists, investment professionals and others to fish with him and, as he puts it half-jokingly, “solve all the world’s problems.”
Read full article here: http://marketintelligence.spglobal.com