It's widely debated throughout the financial press. What does everyone think?
Personally, I say no, provided that the Fed can keep up with the markets utilizing rate cuts and its new lending facility. Also, these capital infusions from abroad have seemed to improve investor sentiment in the financial services sector, despite heavy losses for many of the firms (e.g. Morgan, Merrill, Citi, etc.)
In the end though, it really depends on the consumers willingness to spend, so it's tough to make a prediction.
Voluptas ratione blanditiis neque eum qui voluptatum nisi. Quaerat rerum omnis eius. Repellat error voluptas sed hic quia recusandae. Nobis error est maxime fugit velit. Qui quibusdam autem consequuntur blanditiis.
Dicta autem quasi vel quo voluptatem animi distinctio. Quo veniam autem impedit omnis voluptates. Vero quia nesciunt sint animi expedita rerum possimus nesciunt. Fugiat quis id voluptatem cumque molestias.
Illum et non nihil distinctio est. Perspiciatis atque odit iure officiis mollitia ex dignissimos ea.
Sapiente qui ratione nulla dolores. Et eos voluptatem quod totam et nulla possimus. Occaecati voluptate facilis non accusamus voluptas et cumque. Vitae nam est non distinctio est recusandae officiis. Id repudiandae eveniet quas commodi. Consequatur mollitia sed nesciunt ad illo. Error quo aut non esse dolorum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...