Bluecher — 17 years ago(October 28, 2008 12:40 PM)

Hi,
here a few interesting charts ex Minyanville. The author, referencing Moody's, says that we are already in a worldwide recession. And:
Failure by the central banks to ease decisively will endanger the US and global economy even more as deflation looms around the corner.
Who knows?
http://image.minyanville.com/assets/FCK_Aug2007/Image/Nico/prip/prip1. jpg
http://image.minyanville.com/assets/FCK_Aug2007/Image/Nico/prip/prip5. jpg
http://image.minyanville.com/assets/FCK_Aug2007/Image/Nico/prip/prip2. jpg
http://image.minyanville.com/assets/FCK_Aug2007/Image/Nico/prip/prip6% 20china.jpg
http://image.minyanville.com/assets/FCK_Aug2007/Image/Nico/prip/prip7. jpg
Kedrosky expects a "relief-rally" until the end of the year. In I/09 everything would plunge again:
http://finance.yahoo.com/tech-ticker/article/103069/Kedrosky%3A-Expect -Savage-Market-Rally%2C-Then-New-Lows-in-Q1
"Oh, what have I drunk?"

• Socrates