It appears that history is repeating itself. We are in the 1930-1931 period where everyone thought the economy was recovering, and it was false hope. The worst is yet to come . . .
http://jessescrossroadscafe.blogspot.com/2009/05/worst-is-yet-to-come.html
Take a look at S&P 500 earnings - talk about cliff diving . . .
http://jessescrossroadscafe.blogspot.com/2009/05/better-than-expected-earnings.html
Saturday, May 16, 2009
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