Tuesday, June 09, 2009

Another Set of Bottoms

Let's get to the bottom of this. We are 2000 Dow points above any sort of acceptable bottom. Housing won't see a bottom for at least 5 quarters. Unemployment bottom? None, we just won't be able to ever get back to what used to be called full employent a few years ago.


averagerainfall said...

We'll continue to see Serin bottoming for other guys, though.


Bill in NC said...

And a recent NY Times article had the author asking what if the new normal for auto companies is consumers purchasing new cars only once a decade instead of every 3-4 years?

Asset price deflation will continue in all sectors, in real terms, and that includes skilled labor.

Property Flopper said...

Very nice.

Son of Brock Landers said...

i see eastern euro girl asses. has to be.