An economic bottom may be different than a stock market bottom because the stock market prices in and discounts the future. Our Dow 7400 number could be the low for this recession. It could go lower, but remember the economy moves at a different pace than the financial market prices do.
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Jan 17 01:28 am
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An economic bottom may be different than a stock market bottom because the stock market prices in and discounts the future. Our Dow 7400 number could be the low for this recession. It could go lower, but remember the economy moves at a different pace than the financial market prices do.