2010 economy will be worse?
will 2010 economy will be worse ? that is the question on everyone’s lips at the moment and rightly so, as people are walking around like stunned mullets at the moment, still asleep to what has been going on all these last few years. Still in their fairy land, and watching the important stuff like, survivor, the fattest loser and how many beers they can consume down at the local bar…
We shake that magic 8 ball and ask, will 2010 economy will be worse next year ? People that follow us obviously have half a brain and already know what the magic ball will come back with. But I am thinking that its going to be cleverly disguised to some degree……hmmmm no shock there right?
We are going to hear the government pump up the markets and bail people out left right and centre. But the thought process in 2009 is that 2010 economy will be worse ? well those questions will be answered next year obvisouly…
In the meantime here is what is happening with the market at the moment. Seems like the santa clause rally might be holding up for now…
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i have been bullish on stocks for a few months now and market actions have largely supported my view so far. regardless of the economy, stock markets will correct (20-30%) in 2010 and then bounce again – no need to panic. buying on weakness should be on everyone’s mind. people should not get too bearish on the markets although the global economy may slip into recession towards the end of 2010. remember that markets and economy are two different animals.
there are lots of things going on.
The fed is going to pump more money till they run out….i think i dont want to fight them.
When you see the fed its not better to fight them.
Great work john, happy holiday to you and yours, and see you in the new year.