ANSWERS: 2
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I believe so, though it greatly depends on what Obama does to help it in the coming months and years. I would say it might take till third to fourth quarter of this year, or even summer of next year for things to truly be stabilized. What is more, it is hard to say which investments and banks will rise from the ashes first. Where is a phoenix when you need one!
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My God!!! You want to get into investment banking and you don't understand economic cycles? A GOOD investor knows the market history as well as can guess the future to a certain extent. Read some economic theory, market history and how, even after the Great Depression (which we are NO WHERE NEAR), we had several economic booms and busts.
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