Friday, 30 January 2009

Go out and buy stocks?

Yay, let's all go out and buy stocks! The economy contracted 3.8% last quarter! Stocks are cheap, right? Wrong! These bonehead Wall Street fund managers don't realize that this time period is like no other. Their normal playbooks aren't going to work. This is going to be a prolonged Depression, and it will take more than 3 months to fix. The stock market is a cumulative representation of man's progress and last year it had one of the worst years ever! The stock market is saying that this is serious and you should plan accordingly.

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