A chart of industrial production -- the output of manufacturers, miners and utility companies -- suggests that the economy is poised to turn around, but that the climb out of the current downturn will be a long one.
If America is now circling the drain, Goldman Sachs has found a way to be that drain.
The bubble cycle has replaced the business cycle.
Everybody should, at this point, try to understand ... that we are in a D-process. The D-process is a disease of sorts that is going to run its course.
I think the slowdown in the global economy will be short-lived. But I think the US depression is going to be with us for a long time.
Hold on to your hat:
House prices in the U.S. from 1890 until 2005, plotted as a roller coaster that you ride from a first person perspective.
From last December, Nouriel Roubini:
Things are going to be awful for everyday people.
From a year ago:
Fortune offers a Flash animation showing the S&P 500 on a time line, alongside the US President and the Federal Reserve Chairman. Bear markets and recessions are highlighted for easy comparison.
Turning a Corner?