I want to know when you think the economy will be back on the upward slope.
A lot of market strength comes from investor confidence. I personally think that there will be a delay between when the economy will return to being in good shape intrinsically and the reflection of this in stock prices. I say this because it’s going to take some time for the timid investors to show faith in the market not tanking again. Regardless of what’s being reported in firms’ financial reports.
Anyways, what do you think?
It will be interesting to see if what the poll says the majority vote is and compare that to when the economy has been deemed ’safe’. My hypothesis is that it will be very similar. Being that this is my second day with this blog, I doubt we’ll find anything substantial.
My only comment is I don’t know much about this whole ordeal because finance is not my strong suit. However, being an optimist I feel that it’s going to be about a year. Agreeing with your point, people are going to have to get ballsy and keep things going which will help the overall confidence by the greater public.
Keep up the good work, son.
By: John Nixon on March 15, 2009
at 11:17 PM