Howard_T

It Is Darkest Before Dawn

An old friend of mine has 2 sayings that seem to apply:

"In front of every silver lining, there is a cloud."

"It's always darkest just before things turn completely black."

I think that the first of these is true, but the second is not. The problem for me, within 30 days of retiring from my job, is "How long will I have to hang on?" The lessons of the past seem to indicate that once the recovery starts, we should be back where we started within 3 to 5 years. Two questions remain. When will the recovery start and will government screw it up with well-intended but incorrect policies? Let us hope that Mr. Cohen is right in his assessment.