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Time's Running Out for a Rally
by possibly noteworthy at 7:37 am EST, Nov 21, 2008

Consider the following four data points:
1. Six trillion dollars of wealth has been lost in home prices over the last year and a half.
2. Eighteen trillion dollars of wealth has been lost in global equities in only seven weeks.
3. Deleveraging continues to restrict accessibility to credit.
4. Job losses are accelerating.

From the archive:

When we all try to do it at the same time, we actually do less of it.