think about why corp's need to keep raising capital at 10-13%! Recovery in general will be based on a real estate recovery...unfortunately we are only in the 3rd inning...many more resetswill occur over the next few yrs...Soros recently said that 40% of subprime will...
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think about why corp's need to keep raising capital at 10-13%! 5. the previous fuels for growth are gone...there is no more free money...we should have entered a long severe recession in 2000 and saw a sharp correction that was prematurely reversed in 2003 by the Feds...