My feeling is that the US is heading for a recession, if not already there.
(1) Jobs being cut
(2) Worst of subprime still to come
(3) The consumer is saving and will save more
So what to do?
Invest in...............
Utility and infrastructure stocks have earnings that are relatively steady because demand for their services is relatively inelastic.
The MBL satellities
The BNB satellites
CEU
RCY
AGL
Water oriented stocks
Energy
Agriculture oriented
My feeling is that the US is heading for a recession, if not...
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