Alan Schram: Digging Out
13.04.2009 12:30 Worlds and Business - Source: huffingtonpost
I believe the US economy will continue to experience distress, and may take a long time to recover. It will probably take years for the Dow to see 14,000 again. But the stock market anticipates future events and will begin to move higher well before either sentiment or the economy improve. For the market to go up from here, the news doesn't have to be good. It just has to be not quite as bad as what has already been discounted.
It is clearly much better to buy at discounted prices than to invest when the market has regained its peak levels. And US Stocks are cheap, any way you look at it:
www.sitename.com
Add comment