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Strategies & Market Trends : Longer-Term Market Trends
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To: NOW who wrote (2148)4/28/2009 4:02:34 PM
From: Perspective  Read Replies (1) of 3209
 
I dunno, retail has been en fuego. I'm not increasing my exposure there, yet. I want to see a turn before I move back to raising my stakes against that sector. I really, seriously think it has to be coming. This is almost certainly a false spring. Market participants have so little experience with deflationary crunches. Heck, in the U.S. we've only seen one in the past century. Until proven wrong, I'm inclined to believe this will look a lot more like the 1930s, or Japan 1990s, than some hiccup in the long-term pattern.

BC
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