disaster2008

This Recession Isn't Over: Now for the Hard Part

Americans should now invest in natural capital and their local economy Grow your own food - plant a vegetable garden and fruit trees. Plant food-producing shade trees to cool your house in the summer. Improve your neighborhood - cleanup the vacant lot. Get rid of your TV and enjoy the outdoors - reconnect with nature. Walk or bike instead of drive to the store if you can - get some exerciseand save money on gas and car repairs - invest in the local economy. The investments will make you happy and pay off for future generations.

Will Bear Market Rally Continue or Stall Out?

Too soon for too much of a sustained rally, even though, based on long-term future cash flows, the market is way oversold. What happens in the next 6 weeks will mainly depend on the news. if Obama continues to take center stage to calm the markets and restore confidence in the face of otherwise bad news, the rally could continue into early December. But it seems likely another sell-off will occur before the end of the year. That would probably be the time to buy and hold since the market could take off with Obama taking office and with 4th quarter earnings probably on the upside (since expectations are so low) in the January-February timeframe.