By our reckoning, this is not a recession…this is a depression. In a recession, the bull market formula still works. It just needs a little time to rest…catch its breath…work off inventories…and rebuild cash accounts.
April 23rd, 2009 | Bill Bonner | 3 comments | ContinuedAll Posts Tagged With: "Jim Cramer"
Jim Cramer Says The Depression is Over
But as far as we can tell, the rally is still underway. The G20 meeting is widely seen as a triumph. The money is flowing. People think we’ve seen the bottom.
April 8th, 2009 | Bill Bonner | 3 comments | Continued