How long will it take for things to get better? When will a recovery take place? Well......when do you think people will start to spend again....answer that and you will be six months ahead of the game. Until we decide that it is "safe" to spend again I cannot see the economy getting back on track. We have taken to much value off the books to just throw some gas in the tank and expect the engine to fire up again.
My fear is that the longer this takes, the greater the risk of a deeper dive into depression like economics. I think that the next step down will be seen in the supply chain of the companies hit so far....the auto parts manufacturers, window manufactures, lumber mills, etc. If these fall as far and as hard as the auto companies.....look out.....there will be some great opportunities.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment