gabe borenstein

That Was the Year That Was

The 2008 was an example of what can transpire when the investment community and the FED fail to address the undelying issue/problems for three years.Once the structural problems had surfaced and became undeniable, the unprecedented and effective measures were implemented athough the paranoia had decimated the global equity markets and economies .
Another economic "jolt" is on the way as President elect will implement additional measures to address perceived structural economic weaknesses.
Pessimism and paranoia not withstanding,U.S economy and stockmarket are on the way to a major recovery.