Economy could be in the crapper until 2020

Courtesy Digg - Business & Finance  Tue, 07/14/2009 - 12:20

Investors whose retirement nest eggs have taken a beating during the last two recessions shouldn't count on the markets bouncing back any time soon.

As several experts have noted, there is mounting evidence that equity markets will be trending downward for a long time.


 

Related items

Off the Charts: Why a Growing Economy May Still Feel...
Some sectors have declined far more than in other recessions over the previous half-century, so recovery is from a low base.

Asian stocks mostly higher on US recovery optimism
Asian stocks were mostly higher Friday after encouraging U.S. housing and employment reports sent Wall Street to its highest level this year and added to growing optimism of a recovery in the...

More Americans grow optimistic on economy
New poll finds mood improving over two months ago. A small number of those asked see things getting worse in the year ahead, though that amount is declining. 

The Trillion Dollar Meltdown: Easy Money, High...
We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the...

The End of Prosperity: How Higher Taxes Will Doom the...
Arthur Laffer -- the father of supply-side economics and a member of President Reagan's Economic Policy Advisory Board -- joins economist Stephen Moore of The Wall Street Journal editorial...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com