Look, their opinion is as good as anyone’s, likely better. I’m not being flippant. It seems different experts still have different opinions on some of this.
I do think this market is going to turn around, liquidity will return. Fortunes will be made. Some will be lost too.
I know a lot of folks have deemed the $700 billion to be a wasted effort, too close to socialism for their pallet.
Right now we’ve got the E-Ticket ride, and it’s too late to jump out of the roller-coaster.
When it stops, we can wink at each other and know we made it through. I hope. ;-)
It is not “like socialism,” it is socialism.