Saturday, 27 December 2008

Widely-Read Financial Expert Sees Recovery Ahead, But Advises Investors, "The Contraction Will Be Long"

Financial expert Michael Lombardi, writing in the popular on-line investment and market letter Profit Confidential, struck a cautiously optimistic note on the U.S. economy, but cautioned investors that, "Given the length of the economic boom the U.S. experienced, the contraction will be long." Discussing the recent history of financial intervention by the Federal Reserve, Lombardi is optimistic that things will eventually improve, but warns investors against making hasty decisions in the meantime. (PRWeb Dec 24, 2008)


Read the full story at http://www.prweb.com/releases/2008/12/prweb1785504.htm



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[Source: PRWeb: Business Real Estate]

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