"We may be past the worst of the financial market crisis, at the three-quarters point in the housing construction downturn and one-third to halfway through the real estate deflation, but we are likely only one-fourth of the way into the recession. Moreover, we have seen just 10% of the anticipated employment retrenchment , and the consumer pull back is just starting. That means we think we still have a long and hard downward trek ahead of us, fraught with unexpected obstacles."
Is ALF only just accepting the unexpected / market reality, and the forces behind it ?
Uni of hard knocks - big winners and many small losers:(
Expected the unexpected :)
Kind Regards
ALF Price at posting:
0.0¢ Sentiment: None Disclosure: Held
