Timing the Rise of the Phoenix (and Markets) [View article]
It is too early to buy stocks. Most analysts expect no recession and very few expect a deep one. I think this recession will be long and harsh. Despite the jump in retail sales (due to the tax rebate), this indicator is deep into recession territory.
Timing the Rise of the Phoenix (and Markets) [View article]
Most analysts expect no recession and very few expect a deep one.
I think this recession will be long and harsh.
Despite the jump in retail sales (due to the tax rebate), this indicator is deep into recession territory.