… is exactly where the market was back in March when the S&P 500 hit 666. Everyone thought the world was coming unhinged, and well it was and still is. However, not everything comes tumbling down instantly.
With every play there are acts, and at some point the climax. Without the climax how can we have [...]
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23 Sep, 2008
Posted by: gauntlett In: Bailout
I’m attempting to grapple everything going on apart from my disgust… and come up with a couple scenarios. Any help will be appreciated.
Overall economic trend:
- Economy is sliding deeper into a recession
- Housing prices continue to fall
- The dollar’s short-term value is undecided, and long term looking weak
- Unemployment rising
- Prices falling
- Interest rates falling
Present [...]
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