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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Poet who wrote (169184)12/5/2008 1:10:12 AM
From: Elroy JetsonRead Replies (1) of 306849
 
My model for markets is the 1930s time period.

Any sudden market recovery is a bounce. The eventual recovery, perhaps still three years away (even with big government expenditures), comes slowly and steadily.

I was just watching the PBS "Nightly Business Report". According to Thomson-Reuters retailers in the S&P 500 are likely to post a 17% decline in Q4 earnings, on top of their 7% decline in Q4 2007.

And we hear people talk about an economic recovery in the second-half of 2009 - what a laugh. I don't think many have any clue what they're in for.
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