JasonC

The "Worst Is Over" Crowd Is In for a Shock

Actually, it did save the economy in 1990 and it will this time, too. Headline chasing market timers worry about the exact quarter things turn around, but that is just plain silly. The economy and market can contract and decline, respectively, after such moves, of course. But those moves did and will fix the underlying problem, and the economy did and will grow again as a result, and the stock market did and will notice that fact and move permanently higher.

Consider a simplistic headline reader who sold his stocks in 1989 on nonsense like this and never bought them back.