Economic Drubbing Should Subside - Temporarily 14 comments
-
Font Size:
-
Print
- TweetThis
The economy is probably in a recession at this time. If not completely, certain sectors undoubtedly are. We can only identify recessions after the fact, so by the time you hear a confirmation of a recession the market and the economy have probably already begun to recover.
I expect the current recessionary environment to improve somewhat. I do not expect the economy to appear strong by any means, but I believe that the drubbing the economy has experienced over the past few months will subside for a few months at least. This should influence traders and investors to breathe a big sigh of relief, and it may influence higher market levels too.
Take it while you can get it, because the bad news will come again. Late in the year I expect another drubbing. By the 4th quarter of 2008, the market should look very fragile again, and as we roll into 2009 I expect a depressionary environment to surface.
Related Articles
|























This article has 14 comments:
1) Reigning in government spending
2) A dramatic energy policy being introduced.
Neither is likely to happen this election season. Americans have just started feeling real pain and are screaming for bailouts. Bailouts will happen and the responsible shall bail the irresponsible out for the next two or three years until only the top 1% still have plenty of loot for the good life. The rest of us will vote in responsible leadership in 2012 but by then we will be a 2nd world country.
My Letter to Editors at DailyReckoning.Com:
Pay attention, folks!
This is a conspiracy-driven dismantlement of the West's
financial underpinnings, for a certain purpose: TO EQUALIZE
GLOBAL ECONOMIES, for future installation of one-world
government.
I've provided all the details in my essay, "Planned
Destruction of America" (linked below), which is my report
on Lt. Col. Archibald Roberts' 1968 booklet: "The Anatomy
of a Revolution".
Study my essay, then write as if we're all being led down
a path to hell on Earth by secretive, elite movers and
shakers on the Left and Right (path to hell aka Third-Way
Global Economic Socialism. Read and learn and teach:
The EU and the coming North America Union are products of
the 1940s GATT formulations, and very few analysts are
aware of it ((GATT, NAFTA, and CAFTA are socialistic
attempts at equalizing global economies, in order to in-
stall one-world government under THIRD-WAY Global Economic
Socialism)).
My missive to Ron Paul’s staff, regarding my view that
this financial crisis is not by happenstance nor
mismanagement—but BY DESIGN!:
The Honorable Ron Paul is ignorant of an ongoing conspiracy
to topple, financially, the West, in order to equalize
the world’s economies; for building one-world government
under GLOBAL ECONOMIC SOCIALISM. // The conspiracy began
in the 1940s with the GATT formulations. // Ask why
Greenspan had violated his chairmanship duties by advising
prospective home buyers to take out an ARM. // Ask why
Greenspan had sent out fed regulators to warn banks that
they’d be charged with RACISM if they didn’t loosen home
loans for minority, HIGH RISK home buyers. // Ask why
Greenspan recently, TRAITOROUSLY, had advised OPEC oil
producers to de-link from the U.S. dollar. // Greenspan -
the FEDERAL RESERVE - has embarked on a purposeful set of
monetary policies designed to destroy the West’s financial
underpinnings. // Read about the WHO, the HOW, and the WHY
of it in my below article (first one):
Planned Destruction of America
planneddestructionofam.../
Corporate America: What Went Wrong?
corporateamericawhatwe.../
This one helps to confirm efforts to PURPOSELY trash
America’s financial underpinnings:
www.321gold.com/editor...
P.S.
Oil is payoff for the West's efforts at providing PROXY
COMBATANTS for Israel--for protecting Israel from expanding,
encircling Islamic Arabism; a Jewish nation-state having
supporters throughout the West willing to destroy the entirety
of Western civilization for Israel's sake.
That's the gut-wrenching truth of why Western democracies
are sacrificing blood and treasury in the Middle East; especially
the U.S., which has enough off-shore and on-land oil reserves
to last 300 years at her present rate of consumption, and
which reserves were PURPOSELY capped and/or not drilled
because Israel's supporters poured millions of dollars into
ENVIRONMENTAL MOVEMENT groups' coffers, to work at
keeping America from oil/energy independence and tied to
Israel's interests in the Middle East. That's the truth you'll
NEVER see nor hear reported in Western mainstream news
media, because Israel's supporters control what's fit to be
said or printed about why the West wars with Islamic
Arabism.
I Think Big's statement "The rest of us will vote in responsible leadership in 2012" is a self-delusion. It ain't gonna happen. The issue is much more complex than that. It's going to take a lot more than a few new faces. I am retired and am seeing huge increases in core costs of living combined with erosion of buying power and little return from my investments. Conceptually, I love Mr Kee's Investment Rate model but even if it worked to perfection, I could not afford what to me is a pretty steep $200 a month fee. This kind of fee to the average investor in these times could only be justified in retrospect. It is hard to know what to do with so many biased and self-serving articles out there.
Missed the last comet trip - obviously some of you should have taken it.
"Late in the year I expect another drubbing."
awesome analysis....the economy will improve till the 3rd quarter and then die in the 4th quarter.
obviously, you are a graduate of the DeVry School of Economics.