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Better Days in Store for 2009

You get only one life to live-- not long enough to optimize over all the outcomes.
Those who are left with any wisdom should read Black Swan by Nassim Taleb. Here are some quotes:
[The Black Swan: The Impact of the Highly Improbable (April 2007)]
>>>>>&g...
Please, don’t drive a school bus blindfolded.

Owing to [...] misunderstanding of the causal chains between policy and actions, we can easily trigger Black Swans thanks to aggressive ignorance—like a child playing with a chemistry kit.

Banks hire dull people and train them to be even more dull. If they look conservative, it's only because their loans go bust on rare, very rare occasions. But (...)bankers are not conservative at all. They are just phenomenally skilled at self-deception by burying the possibility of a large, devastating loss under the rug.
<<<<<&l...

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Market and Economy Predictions for 2009

This is one of the most useless article conveying information that can be found by flipping a coin!

Despite Everything, Capitalism Is Alive and Well

Was the sub-prime factor the dominating cause, or was it the the labor union, for this crisis?

This sub-prime phenomenon lead by the great capitalistic American financial institutions and supported by the great capitalistic leaders such as Allen Greenspan is responsible for this global recession.

Is the author so naive or simply an advocate of these corrupt institutions, providing a cover-up for them so that they can be given another chance?
America is responsible for the global recession!!

A true Capitalism does not need bailout from the tax payers' money, to provide multimillion dollar bonuses for the same corrupt executives while the unemployment continues to rise!!

Market Struggle at 50 Day Moving Average, Again

So why would that repeat what happened &) year ago?
Does the market follow any well defined and validated mathematical model?

On Dec 19 08:29 AM Slick Irons wrote:

> This bear market has ended for now. Expect a 5% correction, followed
> by a 7% bounce. Then, I foresee an 8% correction. Lastly, I envision
> a tremendous 34% rally, in short order.
>
> Then...the BEAR re-emerges from his winter's hibernation, to wreak
> havoc on the world's equity markets.
>
>
> At least, that's what happened Seventy years ago...
>
>
>
> Slick

A Long and Painful Consumer Slowdown - Barron's Interview

I do not see any content as claimed in "Don't Give Up on This Economy" by the author:
[>>Barron's sees economic growth accelerating to 2.3% and 3% in Q3 and Q4 of 2009, and unemployment peaking at about 7.6%.]

In fact this follow up is a 2-short-paragraph article with absolutely no meaningful content!