US economic downturn is nearingthe bottom

The US market is on the road to recovery. In June I said that the US market was in a bottoming phase. At present levels I believe the US market is nearing the end of that phase and is poised for more solid upward progress. And, just at the moment, there are a number of bargain basement opportunities though, as always, care must be taken in choosing the right ones. However, before I talk about the future, let's have a look at where we are now. Never in the history of the market has there been such a deluge of bad news. We have all watched history as companies such as Enron, Worldcom ...