Dr. Doom Nouriel Roubini is now calling for the recession to end by year end 2009. This neatly fits into the theory that stock markets typically bottom out 6 months prior to the end of recessions. This makes March 2009 the official “Nouriel Roubini Stock Market Bottom”
The Big Picture
Marc Faber “Sell Your Stocks and Get Drunk in 2010”
Marc Faber says S&P 500 likely to drop in 2010; years ending in “0” and mid-term election years generally are negative for stocks. […]
The Big Picture
Economy now “Self-Sustaining” – JP Morgan
Sees Uptrend in Stocks Through April […]
The Big Picture
Donald Trump on Bernard Madoff, the “Depression”, and Banks
Trump: “No thanks, I can lose my own money.” […]