Be Prepared for the Great Unwind

Submitted by bwilliams on Thu, 03/20/2008 - 1:20am.

I don't put too much weight into most analyst Recommendations, however I think this advice is on the $MONEY$ for the rest of 2008.

Same A-hole-lysts are

Submitted by tvoyles on Thu, 03/20/2008 - 12:48pm.

Same A-hole-lysts are captain obvious like this guy ---> Economy grinding to halt.

What is the market doing?! The dollar is up and gold is down? Bear Stearns up to $5? Bizarro! Bizarro!

The market better hurry and crash if it's going to. Summer is right around the corner and people will be buying shit, whether they have to get a new credit card to do it or not. So maybe it won't crash crash until October, like back in the Great Depression.

Prediction

Submitted by tvoyles on Thu, 03/20/2008 - 1:13pm.

It will be funny to see McCain and the O-Bomb having debates about the economy. I can see Wolfe Blitzer asking McCain what he would do to ease fears of a major recession... McCain's response: "Well, you see, Wolfe, the economy is only as good as the War In Iraq. When I am president, we will win the war. This will stimulate the economy and we will see record growth." McCain then looks down for a moment, because the word "growth" reminded him that he can't remember the last time he was able to get it up.

Don't see a crash

Submitted by bwilliams on Fri, 03/21/2008 - 12:43am.

It would be more likely that we would see something more along the lines of 'stagflation'. Slow economic growth along with high inflation, which could be pretty detrimental. The FED has shown that they are not going to let our economy work itself out of this situation, with the policy of lowering key interest rates, bailing out an investment bank, and even being somewhat creative in its attempts to stabilize financial markets. Bottom line is that I think there will be continued stress in credit markets and housing, as well as a slight decline in consumer spending. But a falling dollar will help our exports, and corporations have more cash on their balance sheets now than they ever have, and I think that will act as a hedge against a true 'depression' or 'crash'.