FMF was just named one of the 10 best financial blogs for riding out the economic storm by Russell Bailyn.
For all our sakes, I hope it's a short ride. ;-)
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Congrats!
I think while this is a challenging time for investors and our country, it represents a great opportunity for financial bloggers to provide some wisdom not normally found in the mainstream media.
Posted by: Russ | October 16, 2008 at 10:19 AM
The Kondratieff Winter/end of the Long Wave tends to last about 20 years; sometimes as short as 10 and sometimes as long as 30. It'll be a while before things "get back to normal".
Posted by: Rod Ferguson | October 16, 2008 at 11:43 AM
I have no idea what that means. But technical analysis is only valid when done in context of the greater economic/financial picture. And in this case, the economic climate isn't looking too good. I'd say conditions will improve once this country starts focusing on actually increasing our output and creating jobs -- that is, improving the "fundamentals" of our economy. None of this "fake wealth" created through the housing bubble. Only then will the marekt really start to rise.
Posted by: Rick | October 16, 2008 at 11:59 AM
Rick - http://www.kwaves.com/kond_overview.htm
You can also look up "grand supercycle", "k-waves" and "long waves".
Posted by: Rod Ferguson | October 16, 2008 at 12:05 PM
Go Ahead Dude! You made the number two spot on the list. Keep up the good work! :)
Posted by: Mr. Budget Wise | October 16, 2008 at 12:48 PM
Others have predicted a a protracted recession/depression as the boomers age beyond their peak spending years.
Posted by: | October 16, 2008 at 08:45 PM