26 June 2008

Bloomberg On the Market - Pessimism Alive in the Market

On Bloomberg's Home Page, the down trend in Equites for June clearly displays the pessimism about the market. The DOW is retesting its' March lows, and there are fewer optimistic forecasts for the next few months. As expectations are being lowered, the market will need to look 6-12 months in the future for a rebound in growth.