why??? let me explain to the usually young and inexperienced. do your research, not just 8 years ago , but 80 yrs. then find out what was causing the market problems for those times. keep researching and then come back with something smart to say. bgp
Good luck to the bulls. The die are cast. Bernanke just put the final nail in the coffin. See ya' on the other side. 1) Jobs 2) Wages 3) Housing values 4) Housing sales 5) Consumer spending 6) Consumer psychology 7) Bank lending requirements 8) Manufacturing data 9) Inflation You bulls will be crying in your pillow. And I will be sleeping sound, waiting to selectively pick off some of your stocks, for 50% to 80% less than what you paid for them - assuming I even like them.
The market no longer cares about economic numbers. We have been going up on bad news. Looks like a recession is already priced into the market.