Wednesday, April 15, 2009

7 Reasons the Bear Will Be Back


from Market Oracle:

  1. The Banking Crisis Isn't Fixed - It's Getting Worse!
  2. Job Losses Are the Worst Since the Great Depression
  3. The Deleveraging of the U.S. Credit Bubble Has Already Begun. And It Isn't Pretty...
  4. Credit Cards Are Imploding
  5. It's Waaay Too Soon to Call a Bottom in the Housing Market
  6. It's a GLOBAL Recession.
  7. The market is bearish until proven otherwise.
Here is the full article.