Dr. Doom Nouriel Roubini is now calling for the recession to end by year end 2009. This neatly fits into the theory that stock markets typically bottom out 6 months prior to the end of recessions. This makes March 2009 the official “Nouriel Roubini Stock Market Bottom”
The Big Picture
Is it a Depression, when SBUX is still in business?
When the smart money is confused….Market is at an inflection point […]
The Big Picture
Could Stocks Hit New Lows Soon?
Heiko Seibel: “Within a few weeks, we will see the stock lows of our lifetimes” […]
The Big Picture
Steve Leuthold Sees 30% Upside in S&P 500; Favors Tech, Gold, Large-Caps
Steve Leuthold, whose Grizzly Short Fund was up 74% in 2008, says S&P 500 will surge to 1,100 […]