Project for Philosophical Evaluations of the Economy |
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A Capital V that will turn into a capital W
Twittered speculation on the type of economic recovery, drafted and published on Aug. 6, 2009
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Given the endemic inclination to exaggeration that is so pervasive in financial markets, Noah denkt™ believes
that the pattern of recovery that equity prices will follow in the next months will be shaped in the form of a capital
V. In other words, we presume that prices will go up somewhat further than what we have seen so far (Dow Jones
Index at 9200), before a double dip will kick in. So fasten your seat belt! Because the upcoming ride won’t be one
for the faint-hearted.
Twittered speculation on the type of economic recovery, drafted and published on Aug. 6, 2009
------------------------------------------------------------------------------------------------------------------------------------------
Given the endemic inclination to exaggeration that is so pervasive in financial markets, Noah denkt™ believes
that the pattern of recovery that equity prices will follow in the next months will be shaped in the form of a capital
V. In other words, we presume that prices will go up somewhat further than what we have seen so far (Dow Jones
Index at 9200), before a double dip will kick in. So fasten your seat belt! Because the upcoming ride won’t be one
for the faint-hearted.
| © Landei Selbstverlag, owned by Wilhelm ("Wil") Leonards, Gerolstein, Germany. All rights reserved. Reminder: Noah denkt™ is a project of Wilhelm ("Wil") Leonards and his Landei Selbstverlag (WL & his LSV). Consequently, all rights to the texts that have been published under the Noah denkt™brand name are reserved by WL & his LSV. The commentary and the reasoning that was provided on this page is for informational and/or educational purposes only and it is not intended to provide tax, legal or investment advice. It should therefore not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security or any issuer by WL & his LSV or its Noah denkt™ Project. In fact, WL & his LSV encourage the user to understand that he alone is responsible for determining whether any investment, security or strategy is appropriate or suitable for him. And to leave no doubt as to what this means we urge our user to also note our extended Legal Notice. |
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