tag:blogger.com,1999:blog-1227919517269937208.post7964757074142177762..comments2023-09-17T08:37:58.006-06:00Comments on The Good News Economist: Delinquencies Down; JP Morgan 1Q Profits Rise; Hiring to FollowEldon Masthttp://www.blogger.com/profile/15444008509086050220noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1227919517269937208.post-31703794010082892402010-04-17T09:56:27.934-06:002010-04-17T09:56:27.934-06:00Bill,
It is doubtful that we will see another eco...Bill,<br /><br />It is doubtful that we will see another economic downturn of the magnitude we saw in late 2008 and early 2009 for quite some time. Using centuries of history as our guide, it will likely at least be another generation before we see something worldwide like the crisis just past... and unfortunately like the mid-70s crisis, most will have forgotten the socio-economic implications by the time the next "crisis" comes around.<br /><br />I think it is possible that further SEC charges may follow with other firms held accountable for their actions. This is really not new news -- and is something that the SEC has been threatening for quite some time. However, my personal belief is that continued positive earnings results will ultimately drive trading behavior for the individual investor... there really is nothing in the current environment which will reverse a trend that now in general has U.S. corporate earnings growth accelerating Q over Q.GNEhttp://goodnewseconomist.comnoreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-73956748532773931912010-04-17T08:51:19.816-06:002010-04-17T08:51:19.816-06:00What's your take on the Goldman SEC charges? ...What's your take on the Goldman SEC charges? Do you think it will start a new financial crisis if more firms are charged and the market loses confidence in trading?Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.com