Steve's Place

[starboy]

Volatility seems to be the keyword of the times. The old 'what could happen next' question is around every corner.

Will Detroit tumble?
Will they be rescued?
Who is next?
What will be the ultimate count of jobs lost and homes lost?
When will government interventions cease?
How far will they take their actions to become involved financially in so many sectors with bailouts and takeovers, and with partial ownerships of a kind?

Who'll suffer most? Wall Street or Main Street. Both in various ways?

Uncharted waters for the times, as the 30's is not really the right comparison, just all we have to refer to as regards the dips to come.

I think some of it will be pockets of problems in different states and different areas of each state, depending on what industry failed or survived.