What will be the shape of the recession?

Asked if the recent climb in global stock markets was a bear market rally, he said: "It may have further to go because there is a lot of liquidity, a lot of investors are on the sidelines. If the market keeps on going up, more of them may decide to join in. You never know how far the rally goes."

"But I certainly don't think we are at the beginning of a big bull market worldwide."




ช่วงนี้ไม่ค่อยมีเวลา เนื่องจากต้องปิดบัญชีกลางปี ต้องขออภัยหากไม่ตอบคำถามเพื่อนๆหลายๆคน ทั้งอีเมล์และที่บล็อคนะครับ งวดนี้เอามุมมองที่น่าสนใจของ โซรอส มาฝากแล้วกันครับ แกชอบปล่อยศํพท์แปลกๆออกมาเรื่อย งวดนี้ก็คือ The recovery will look like "an inverted square root sign,"








The recovery will look like "an inverted square root sign," said billionaire investor George Soros said on Monday. Soros, speaking to Reuters Financial Television, said. "You hit bottom and you automatically rebound some, but then you don't come out of it in a V-shape recovery or anything like that. You settle down—step down... The healing of the banking system and housing markets is crucial to recovery... The banking system, as a whole, is basically insolvent".Soros predicts that the U.S. economy is in for a "lasting slowdown" and could face a Japan-style period of relatively low growth coupled with high inflation. He also warned that rescuing U.S. banks could turn them into "zombies" that draw the lifeblood of the economy, prolonging the economic slowdown. "I don't expect the U.S. economy to recover in the third or fourth quarter so I think we are in for a pretty lasting slowdown", adding that in 2010 there might be "something" in terms of U.S. growth.Soros's view contrasts with the majority of economists, who expect the U.S. economy to stop contracting in the third quarter and resume growing in the fourth quarter, according to the latest monthly poll of forecasts conducted by Reuters.