Sunday, June 7, 2009

The Real Economic Forecast

Mainstream media would have you believe that the economy has bottomed and everything is going to be just peachy from here on out. Unfortunately, this is not the case, as many of you are probably aware of. If you do some research off the beaten path, the conclusion is that the most likely outcome is going to be this. The stock market may go up and down until late summer or early fall. And then the bottom is going to fall out. I won't get into all of the reasons here; you can find that in a lot of other locations, including the Urban Survival site discussed on a previous post down below this one. However, just a warning, this dead cat bounce (upward trend in stocks) is not going to last, so you would be well advised to rearrange your 401ks or other holdings if needed. The numbers that are being thrown at us are being skewed in order to make things look better than they are. And this situation that we have been put into will not be getting better until after 2013 sometime. Bad news but, hopefully, you can make it through if you act accordingly and good luck to all of us. We'll need it.

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