If this market ever starts seriously thinking about business prospects in 2007...?
THE BOTTOM COULD FALL OUT...
There is hardly any scenario where 2007 is good for business... True, there will be some optimism when the Democrats "take the House" in November... But that is a thin reed to lean on for 2007...
The macro economic chickens are starting to come home to roost...in earnest. And the bubbles in housing and stock prices...as well as the dollar are JUST STARTING to unwind...
To date the market has been happy about the FED easing up... But the underlying implications of that have yet to sink in on Wall Street...
We could still have some market unpleasantness in October...during the traditional "CRASH SEASON..."
JUST HOPE THAT NO ONE SITS DOWN AND WRITES AN ARTICLE ABOUT THE REAL STATE OF THE ECONOMY IN 2007...
UNTIL...?
Oh...? Until New Year's Eve perhaps....?
