ABX and CMBX Markets Update

One thing that has most certainly surprised me during the Money Show in DC was the fact that there are still were so many visitors, despite the fact that the world is supposedly crumbling around us as we speak. The talk of the Great Depression and Armageddon hasn't really disappeared after the election as one might have hoped, and the only thing that seems to be changing daily is the finger pointing part- one day it's the Wall Street, the next day it is the Bush administration and the next day it's Alan Greenspan.

Despite all this I am still sticking with my October projection for the markets during the next year- US equities are likely to go nowhere and thus if one wants to earn a positive return during the next 12 months there are only two real choices out there: continued

by Vad Yazvinski |  11/14/08