Originally Posted by
Avg Joe
Wow!
I agree that predicting what the domestic/global economy might look like 3 YEARS into the future is murky, but the 6 different publications I read each week ALL AGREE the recession/depression only deepens over the next 3 MONTHS. Morgan Stanley this week is warning of a DEPRESSION significantly worse than the 1930's. Given the economic data and the 6-month lag any stimulus requires to become apparent (Econ 101), I am personally ABSOLUTELY CONFIDENT in predicting our economic situation will look WORSE in 3 months! Call me an idiot if you wish.
Joe
Alright AJ up to this point iwas thinking you were making a great argument until you brought up morgan stanley and that just killed it. Those idiots predicted oil at 250 in march of 08 for the summer, Well we saw were that got us. I'm not an optimist rather a realist, Just have some faith and let me give you a little secret. WATCH THE MARKET ON MARCH 12th.