
What is MARKET? What is ECONOMY?
often, people mixed them up.
Market is a 6-9 months earlier indicator to economy. So how long has the market dropping?
from Jan 2008 til today (25 Mar 2009) = 15 months.
Let's look back to the history:
1) Great Depression in 1930s
2) Stock Market crash in 1970s
3) 1988
4) Asia financial crisis in 1998
5) Dot com bubble in 2001
The average months for these crisis to recover is 12-24 months.
This time, the global financial crisis have been happening for 15 months.
So, are you ready for recovery?
Have you grab cheap stock or unit trust? commodity fund or ETFs?
However, your surrounding sounds are telling you how bad is the economy.
Hah!! take note: ECONOMY. Remember, "Market is a 6-9 months earlier indicator to economy." meaning, economy is slower than market.
So?
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