By now we are at the levels of 1973/1975 downturn... It seems to me that Mr. Market is not discounting everything yet (credit crunch phase II, elusive bottom of House market and the companies earnings).
So probably, we have a long way to go.
WIZ
Blog: |
EL COMITE DE CAN ROCH |
Topics: |
FINANCE, MARKETS, OTHER |
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