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Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (491)5/6/2009 10:47:08 PM
From: JF Quinnelly  Read Replies (1) | Respond to of 621
 
Well now that the housing crash is a done deal we need to decide what's coming next. I think the recession/ depression is going to be a drawn out affair. Commodities have had a bit of a run here but I don't think the prices will hold. The American consumer is going to take awhile to return to spending money with wild abandon.

Small cap stocks have had a good move from their March lows. That's very much like the market acted after the '73-74 bear. Small caps did well for several years while the broader market languished.