I agree with the article writer's sentiment that we have bottomed, and that as bad debt is rapidly unwound, confidence should return to the market. i don't think that will happen any time soon however.
i wholly agree with many of geo's points as well. my fundamental macro thesis is that the machinery is much too far beyond the average consumers control to even hope for anything other than a violent correction. oil/commodity shock will come, and when it does, let's hope we have an administration that has invested in renewable resources, rather than warfare and croneyism.
Eagerly Awaiting Monday's Market Decision [View article]
i wholly agree with many of geo's points as well. my fundamental macro thesis is that the machinery is much too far beyond the average consumers control to even hope for anything other than a violent correction. oil/commodity shock will come, and when it does, let's hope we have an administration that has invested in renewable resources, rather than warfare and croneyism.