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So what’s going to happen? I have no crystal ball, but here’s what I hope will happen. The news organizations will begin to see any positive story as news and will pepper us with some good headlines. The price of gas will have already fallen, and at some point cash will come back into the market and drive up the stock value in people’s accounts. There is a pent up demand being created as many people are not buying big-ticket items. All of this could lead to a reversal of the spiral as people buy more smaller ticket items that may wear out faster than the larger, more expensive items, and companies will hire more people to meet the demand, and those people will buy more, etc.
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- Terry R. Fulwiler
Terry Fulwiler
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