Sunday, September 20, 2009

US Economy Future Outlook!!!...

Here is very interesting link that talks about the US economy future outlook.

US Pro-Cycle Analysis

Here is the extract from that article...

"US banks were hit hard by the sub-prime default meltdown. But an even bigger default opportunity awaits during summer-fall of 2010 and another larger wave in 2011. These are the Option-ARM and Alt-A rate resets. Combined, these are as big (in dollar volume) as sub-prime was last year. 2009 is simply the mortgage default scenario taking a breather. This is a lull while the news media is scrambling to find evidence of a non-existent recovery. The 2010 and 2011 reset waves should have a much bigger impact on banks than the sub-prime bomb"

So "Sell on High and Buy on Low" to make money from the stock markets!!....

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