Market News
Posted On Monday, January 21, 2008 at at 2:00 PM by Finance AnalysisValue Buys
Lately, I've been asked by many people whether it is a good time to buy stocks now, and if so, which stocks would be worth buying.
But before I go into that, I feel that I should state this disclaimer:
The sub-prime crisis currently faced by the American economy is very, very real, and so is the threat that it could potentially send the U.S. into a recession, and the rest of the global economy along with it.
If that were to happen, then we would experience a situation whereby stock prices would be falling lower over the next few years.
If you believe that the above scenario is more likely than not, then obviously it would be better to completely stay away from stocks for the next few years until the recession has done its damage.
In which case, you should probably stop reading from here and ignore the rest of this post. (Read More...)
Source: Extraordinary Profits