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Three Ways to Know When the Credit Crisis Hits Bottom
"Have we seen the worst from the financial sector?"
The question – a very good one – came from an audience member following my global investing presentation at the Agora Wealth Symposium in Vancouver, British Columbia.
During my entire time there, the interest in the ongoing credit crisis was intense.
I took a deep breath and launched into my three-point response. First, I’m encouraged by what I see lately but still believe there is a fair distance to travel before all the skeletons are cleaned out of the financial sector’s closet.
There is a growing body of data that suggests banks have recognized…
8Dec2008 | Money Morning | 0 comments | Continued
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