Mar 01, 2009 14:17
Just saw a video of Martin Weiss, the advisor I follow. He said that bonds will recover sooner than stocks will because stock companies need a turn around time to shore up their balance sheets. Bonds, particularly Long term treasury bonds will plummet temporarily, but then be at discount prices of the century earning double digits in interest. Also, interestingly he noted that there are multiple periods where different sectors of the market will bottom out, ie the commodities, the tech, the bond, and so forth. So there is no waiting for a one single moment to begin buying. You just have to know which sector is bottoming out and when.
Verrrrry interesting.