Several conditions have emerged from the market turmoil

September 30th, 2007|by Michael Ashley Schulman, Perspectives, The Big Picture, Writers|

Several conditions have emerged from the recent market turmoil: tighter credit, deflating real estate, monetary reflation, and a weak dollar. The strong themes emerging from these circumstances are: A) We are probably past the worst and won’t face recession; and B) We will see higher equity markets, stronger export growth and increased commodity prices.

Financial companies […]