web analytics

Daily Archives: November 5, 2008

The Future of America

November 5, 2008
By

Our financial system lies in shambles, and the dominoes continue to fall, bringing down companies and stocks in one sector after another.  Consumer confidence is absolutely terrible.  Friends who previously asked about my market opinion simply as a common courtesy now ask because they’re genuinely worried about their own retirement funds … and about the future of America. And what do I tell them? “This too shall pass.” I tell them America is a country with great and diverse assets, and that while the stock market may have lost more than 40% of its nominal value from peak to...

Read more »