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Laurie's blog.

Personal commentary from Laurie Campbell, Canada's expert on personal money management

Recovering from the fall from grace

March 2nd, 2009 by Laurie Campbell

 

Financial experts are now predicting that both the stock market and housing prices will continue to fall until the end of 2009, and the overall economy won’t hit an all time low until early 2010. Well, there go all those headlines and reports that said Canada’s economy will begin to look brighter by mid 2009. I don’t enjoy being the bearer of bad news but we all have to come to the sober realization that this economic nose dive is going to take some time to recover from. With the economy predicted to recover beginning only in 2011, we’re definitely in for the long-haul. (more…)