Not_A_Guru

Barron's Calls a Bottom

Personally I don’t believe what any of these financial analyst/magazines /newspapers since it’s very hard to predict human psychology which is what drives the bull and the bear in my opinion. However I do think we will see a turnaround by the summer, not due to any stimulus package or job growth but just due to the simple fact, that unlike the 1930’s generation x/Y love to spend money even if they don’t have it to spend . Eventually the 89 or 90 percent of the General population who are employed will spend money and will start a new cycle and a new bull market and by 2014 another recession will be on it way and we will post the above comments again. That just the way we are, it all about human wants and needs

Does Buffett Still Stand by His 1999 Sun Valley Prediction?

The US Economy has always been one of bubbles . so what is all the gloom and doom about . Everytime the US faces a recession we here these perdictions since the 70s . 80s , 90s .etc .