Is the stock market going back up or are we still in a recession?
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Answer:
Well we aren't in a recession and there is some debate as to whether we'll be in one in the next quarter or not. The stock market will go back up, I'm 100% positive of this. However the question is when? This subprime lending mess will not be overwith for at least another year. So expect some volatile times ahead before we see a steady upturn in 3-5 years. Personally, I'm buying as many stocks as I can for the long-term. I think there are some great bargains out there. I may not make my money back for the next 3 years, but like I said...long term.
mayerj72 at Yahoo! Answers Visit the source
Other answers
Invest in Jesus and you can never lose!
stargazercrazydude
Anyone who gives you an answer to this question is not to be trusted. Nobody knows, and those who say they do are as dishonest as your average conservative.
Jerry M
No, the stock will not trend upwards for a while. There is a lot of damage done that has still not come to light. Hang in there, it's going to be a bumpy road!
cyn99di
My opinion it's going to be a roller coaster...either get off or enjoy the ups and downs of the ride. I don't think we're in a recession yet.
RAWBERRY-SHOCKLATE
A. We're not in a recession. B. Yes the market will go up. I can tell you that with 99.9% certainty. I just can't tell you when.
SDD
Everything I'm seeing is down. There is far too much hanging paper out there, and debts are starting to come due. Banks are operating under new rules as of the middle of November on what they can show as assets. There are billions of dollars just in real estate that the banks have loaned more then the property is worth. You can't keep growing on credit. Someday the bills have to be paid. These chickens are coming home to roost. The question is whether the fed will keep interest rates the same and accept the market drop and subsequent economic downturn, or will they keep printing money, which will drop the value of the dollar and start an inflationary death spiral that may require a period of stagflation to get us out? For those of you who didn't live through the late seventies, that is not a pretty picture to contemplate. The rumblings from the fed on December 11th meeting is that they are leaning towards the long, painful "soft" landing of inflation over the hard, quick crash that will end the careers of some of their wall street buddies. Will they be able to lower interest rates enough? Maybe not, since low interest rates are what got us into this mess in the first place. This will not be a quiet downturn, it will be a rollercoaster. There are too many perma-bulls who don't believe themarket can crash. Wednesday was evidence of that. I hung tough, and was rewarded on Thursday in my Bear positions. I am currently 25% cash, 25% bull, and 50% bear.
Scruffy Scirocco
We are not in a recession, and there is some question whether or not we will go into one. Will the market go back up, absolutely. But of course the big question is when will that be?? The market could recover rather quickly, or it could be several years before that happens. If you are a long term investor, I wouldn't worry about it. If you are a short to intermediate term investor, you might want to reevaluate your tolerance for risk.
exactduke
do some complex hedging and you'll be OK. this is a trader market...to me , the trend is down. Housing will get worse as will the job market. so draw your conclusion. then market will get worried as a woman may become president. To me, this woman is the best person for the job.
BetheOne
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