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Charting a Course Through the Recession

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By Chris Martenson
May 27, 2008

Charting a Course Through the Recession

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By Chris Martenson on
May 27, 2008
1

Tuesday, May 27, 2008 Executive Summary In this report, I lay out my near- and intermediate-term investment themes. My assessment is that the economic and financial risks are exceptionally high and possibly historically unique. This is no time for complacency. A defensive stance is both warranted and prudent. A 50% – 70% (real) decline in the main stock market indexes is a distinct possibility, and portfolios should be ‘crash-proofed.’ Heeding the calls that “a bottom is in” and “the recession could already be over” could be hazardous to your wealth. The recession is just beginning and will be the worst

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