Thursday, August 4, 2011

In case you missed it: Market is a-crashing

Yea... not good for anyone's savings. No safe haven, at all.

Recession Almost A Certainty, Says Advisor — Stocks Could Crash Soon
n the past few months, investors have gone from being generally bullish about the economy and stock market to increasingly concerned that we may be headed for another recession. For now, however, the consensus is still that we'll trudge along with slow growth but avoid an actual downturn.

One advisor who thinks that a recession is almost a certainty, however, is Lance Roberts, the Chief Economist at Streettalk Advisors, a $400 million advisory firm.