Will a stock market rally happen if the lows of November hold?
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Will a stock market rally happen if the lows of November hold? Is it my imagination or is it that I just do not understand. How can the Washington give to a terrorist state money when the US itself is in such a crisis. According to Nicholas Taleb the famous author of the “Black Swan”, he feels the financial crisis will be harder to end than the Great Depression and may force banks to be nationalized.He makes the case that the more complex financial system makes the current problems much more severe than what transpired during the Great Depression. [...] If we did not need more great news today as the stock fell approx 250 points, George Soros stated that the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis. The collapse of the housing market and all of all the securitizations can cause much more deflationary problems than Japan. Why can’t Obama listen to Nouriel Roubini? He has been so accurate on so many issues. He is not a “Doom & Gloom” fear monger. His ideas are clear and sound. Listen to this recent PBS interview and hear his thoughts on solving the US housing crisis. Nearly 5 Million Getting Unemployment Benefits The unemployment rate in NY is moving above 7%. How is Jim Rogers protecting his net worth How long will the Bear Market ( Depression) last? |
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