• "Global Stock Markets Enter Extended Bear Markets"
This should be obvious to all.
• "Trends During Winter: Stocks Down, Bonds Up, Commodities Down"
These longer-term trends remain intact and the recent moves to the contrary are counter-trend.
• "Interest Rates Spike In Early Winter Then Decline Throughout"
In June 2004 the Discount rate was at 2.00%. By June 2006 it was at 6.25% and since August 2007 the Fed has been forced to cut the Discount rate back to .50%. So, this too, fits.
• "Economic Growth Slow or Negative During Much of Winter"
I doubt that many will argue that growth is now slow and in many cases negative.
• "Commercial and Residential Real Estate Prices Fall"
This obviously began back in 2006 and there is still much more to come.
• "Bankruptcies Accelerate and High Debt Eliminated by Bankruptcy"
This has obviously begun and is no doubt related to the housing and credit bubbles.
• "Social Upheaval and Society Becomes Negative"
We are only just beginning to see this.
• "Banking System Shaken and New One Introduced"
The banking system is now only beginning to be shaken. There should be much more to come.
• "Free Market System Blamed and Socialist Solutions Offered"
This has not yet happened, but just wait.
• "National Fascist Political Tendencies"
Just wait, there is much more to come.
"Debt Level Very Low After Defaults and Bankruptcy"
This has not happened.
• "Trade Conflict Worsen"
This basically has not happened.
• "View of the Future at a Low Ebb"
This has not happened as everyone seems to be looking for the bottom.
• "New Work Ethics Develop Since Jobs are Scarce"
If I can assure you of one thing it is that this has not happened.
"Greed is Purged from the System"
I can absolutely assure you that this has not happened yet.
• "Real Estate Prices Find Bottom"
This has not happened.
"There is a Clean Economic Slate to Build On"
Not happened yet.
• "Investors are Very Conservative and Risk Averse"
Again, this has absolutely not occurred.
• "Interest Rates and Prices Bottom"
Not happened.
• "A New Economy Begins to Emerge"
Has not happened
• "Stock Markets Reach Bottom and Begin New Bull Markets"
Again, we aren't there yet.
