What Crisis/Recession/Meltdown?
14 April 2010
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The SPDR S&P Retail Index ETF (XRT) is approaching an all time high, essentially erasing the losses during the crisis… err, meltdown… err, recession…. err, distraction. Yeah that’s the word. 2008 was just a distraction on our way to unlimited prosperity for all. Why even worry about it?
Onward and upward!
Thanks to Mark at Fundmymutualfund.com for pointing this out.
Here in France they call it 'La Crise.' But the French never worry about making people feel bad or putting a cheery face on things. If I remember correctly Sarkosy stated early on that he expected real-estate to fall by 50% No sugar-coating here.
Then again, back in the US and Canada, you know it's sugar-coated, which leads to suspicion, paranoia etc.
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