johnthebear

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  • The Global Recession's Here: How to Profit from It
    The FED is just now saying out loud that we are in a recession, and have begun to say the nasty words "prolonged" recession! Have you ever heard them use that terminology before? I haven't!

    They are trying so hard to spare our feelings and wanting us to know the grim truth. Not since the great depression has there been a time of World-Wide slowdown of all the world indexes at the same time (except South America), all trading below their 200 day moving average.

    Both PE and earnings can fall in a long..."prolonged recession," one that might last 5 years to bottom and 5 years to recover to the present level. I say that because with the expected $1 trillion dollar loss of capital by the worlds banking system, there will be insufficient capital going forward to finance homes, business and commercial real estate to do anything more than just limp along, year after year. It will take a long time to recover that lost investment capital... and much longer still to recover the $6 trillion already lost by the stock markets all over the world. That stock-wealth is no longer available to be sold to invests in wealth production or to prop up liberal government with high taxes, etc. as we will soon have with the liberal democrats taking the congress and white house. Sound like we are going back to 90% tax rates to sustain our present appetite for social programs. It will be very hard to cut budgets of national/state/local as well as personal budgets back to the point that we spend what we have, rather than what we can borrow. This truly is a crisis.

    I am ultra short SRS and FXP. I am playing these like a cash register, they go up and down in short sharp swings which can be very profitable. I look for SRS to rise sharply after the REIT earnings are announced, the first week of May.
    Apr 10 18:49 pm |Rating: 0 0 |Link to Comment |View article

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