First of the all the experts always exaggerate how long a recession will last. That way, if things get better faster, they are OK. But if things stay bad longer, then they don’t look good.
I think that producing alternative energy is the way the economy will improve. So when you see more biofuels, windmills,solar panels, etc when you drive around then you will know things are improving.
The improvement will be slow. I think it will start as a trickle in about 6 months and things will start looking better in about 2 years.
If you have some extra capital, now is the time to buy stocks, etc. Hey, if Warren Buffet is buying stock and saying there are some good values out there, I am in!
Let’s see, I need to go to etrade.com and learn how to buy some stocks myself. I dont want to pay broker fees.
Buy now! Lol!