Some interesting thoughts, Jason. Measuring the market against projected earnings while still looking at past recessions isn't valid in this case. Credit has evaporated which will restrict growth on the supply side and the consumer is strapped on the demand side. Just as GE halved its dividend recently, we have to look at future growth with a look to the future, not the past.
I see a market with some bargains, but not ones that will appreciate in value near term.
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Some interesting thoughts, Jason. Measuring the market against projected earnings while still looking at past recessions isn't valid in this case. Credit has evaporated which will restrict growth on the supply side and the consumer is strapped on the demand side. Just as GE halved its dividend recently, we have to look at future growth with a look to the future, not the past.
Oct 07 08:37 am
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All Comments by Rede2fly »Opportunity Staring Us in the Face [View article]
I see a market with some bargains, but not ones that will appreciate in value near term.