Random thoughts from a Baby Boomer
Nest Egg or Next Egg » Posts for tag 'Expectations'

What Will 2009 Bring?

2008 turned out to be a turbulent year. It was a year marked by many new buzz words.  Change and bailout made that list.  But if there is one word that was overlooked that best describes 2008, I would have to pick the word low.  Not a very profound word, but it seems to me, a very appropriate word.  From weather temperatures falling to all-time lows around the country, to stock markets taking the lowest dive since the Great Depression, to interest rates falling to a new record low, to housing prices declining and continuing to fall, to the sitting president’s approval rating.  Well, you get the picture.  It seems like nothing was left untouched by low.  When we celebrated the count down to 2008, little did we expect that it would be a year of this bottomless, un-ending ride downhill.  We partied like it was 2008, made resolutions we knew we wouldn’t keep, and cheered in that new year with the usual innocent glee and optimism that welcomes each new year, totally unaware of what was in store for us as the year progressed. Read more »

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