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Expect the Unexpected
May old 2008 be forgot and never come back to mind.
May old 2008 be forgot and never come back to mind. The years stock performance damaged investor confidence as much as portfolio values, not to mention my mental health. Going into 2009, the Wall holds at 20 worries. Ahead: rising geopolitical tensions and a spike in bankruptcies. Not to be overlooked is a new president in the U.S., brimming with hope, confidence, a healthy dose of reality and the worlds biggest printing press. For now, the equity investment herd has left the market, economists cant lower their GDP numbers fast enough, and company after company has given up on projecting earnings. Which sets us up for a nice winter rally. Expect the unexpected.