And the economy retrenched. The same dynamic is taking place now, but on a MUCH larger level. But it's not just the telecoms and techs that have stopped investing to create profits and wages. In the current macro-economic climate, the market is on thin ice. And even though trillions of dollars in market cap have been wiped out, stocks didn't get much cheaper.
Valuations now are still incredibly high.
Debt, capital spending, and layoffs spell a gloomy picture for most investors. How-To Guide on overcoming fear, stress, anxiety and depression, by one who did. It is presented here 'as is' for your benefit and research. Material for these pages are sent from around the world. If by chance there is a copyrighted article posted which the author does not want read, email the webmaster and it will be removed.