Thursday, November 20, 2008

Bears That Won't Go Away


The economy is really bad and things hear at Nortel (my employer) are even worse! I sat in accounting training all day on Tuesday and saw the attached chart about Bull and Bear Markets in the U.S. over the past 100 years. I found it to be very interesting. If history holds true, and we did go into a Bear Market in 2000, then we are only about half way through this mess. Very interesting research and graph. No wonder so many people hate Bush! If Bush were gifted the same economy as Clinton he would probably be listed as the best President ever. When all is said and done people vote selfishly with their check-books and when things aren't going great they punish those in charge (even though Republicans were not in charge).(BL)


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