Good reading Jaolsa
I like that Volcker comments which is the true picture. Mr B has to throw in a few from the hat to overcome this mess Greenspan left by not raising rates when economy stared to recover in late 2001.
Every one knows that US will be struggling for a while and the rest will be affected for a while but all we need to know is market direction and the bottom. This is probably the fifth expert view I read that it’s close to it. Even the big bear Mark Faber says it is and to his credit, he said 12000 will be the bottom when DOW was trading at 13500. He also said that few 300 point gains don’t come in bear markets if the bull is dead. So we may have seen that after all?
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Last
8,773.5 |
Change
28.300(0.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,745.2 | 8,821.0 | 8,745.2 |
| XJO (ASX) Chart |