Tuesday, February 26, 2008

"Will the U.S. Sub-Prime Crisis Be as Bad as History Suggests?"

"If history is a good guide, the U.S. economy will stay in the doldrums much longer than we’d like—a minimum of two years. That’s the scary implication of 'Is the 2007 U.S. Sub-Prime Financial Crisis So Different? An International Historical Comparison' by Carmen M. Reinhart of the University of Maryland and the National Bureau of Economic Research (NBER) and Kenneth S. Rogoff, Harvard University and NBER."

Read more of my article about Reinhart and Rogoff's research and what advisors say about its implications. This article appeared in the Feb. 26 issue of Advisor Perspectives.

Susan B. Weiner, CFA
Investment Writing
Writing that's an investment in your success

Check out my website at www.InvestmentWriting.com or sign up for my free monthly e-newsletter.

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