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Consumer pessimism
Not since the unlamented days of the 1973 oil embargo have Americans felt as gloomy about the economy as they do now
Andrew Leonard [2008-03-25]

  • Keppie the key word is average

    I'm not sure how far you are from retirement or whatnot, but the actual long term gains have occurred over only half the years, while the rest of the time it was flat or had severe losses.

    http://bigpicture.typepad.com/comments/2005/12/100_year_bull_b.html

    There is a good chance that it will be another 10 years before you see the start of the next secular bull market.

    -- makoweb
    [Read makoweb's other letters]
    Tuesday, March 25, 2008 01:16 PM
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