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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (60405)8/22/2006 12:45:59 PM
From: Lizzie TudorRead Replies (3) of 306849
 
recessions are always out there.

But just remember that the best economic times for the USA happen when we create new manufacturing industries. The best decades for the stock market in the USA were the 90s and only shortly behind that the 50s. Most don't know that- the FIFTIES were an unprecedented stock market boom.

I think these alternative vehicles, fuels, etc will result in a manufacturing boom, again, at some point.

After this secular bear market most pundits that are left are quite bearish. Its almost laughable to listen to some of them. Oil won't go to $150 with the USA sitting on a rock doing nothing.

Since I work with emerging companies (but not emerging energy companies)- my secret hope is that oil DOES go to $150. It will cause short term pain, but huge long term benefits.

There are 3 new car companies in silicon valley now. 2 are stealth and that Tesla company.
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