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How Many Days Until the Market Comes Back?
There is good news and bad news. Let's start with the bad. We have until April 1, 2010 before the market begins the long process of a rebound to better days. No one wants to hear that, but let's face reality. We are in the worst economic slump, the worst real estate slump, the worst banking and mortgage slump, the worst automobile slump, the worst manufacturing slump, . . . need I go on? The list is very lengthy. But the slump is not just a little corner of the United States, or even a little corner of the world. This is a world wide disaster of major proportions. Every day the news headlines are not just peppered with a couple of corporate challenges, they are full of dozens of disastrous corporate reports of bankruptcies and other leading indications of a depression. Federal, State, County, and City governments are under extreme financial stress, too. Some think the stock market is perking back up, but the stock market has shown an uncanny ability to bounce up and down on political news with total disregard for fundamentals. Okay, that's the bad news. We all know about the bad news. What's the good news? ... more

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