Anyone can take a look at the action today, yesterday, the day before...well you get the idea, and say that there is no end in sight and that gloom and pessimism will rule the day. Very logical, and I will get to that after I begin with the fact that I believe the global governments will get this right. After all, even a broken clock is right twice a day.

First, Is There A Light At The End Of The Tunnel?

On the bright side, the solution to loosening up the credit markets will be found, hopefully sooner than later, and the recession resulting from all of this will hopefully be short and shallow. The government is throwing the kitchen sink at this problem, and will find the right combination. The incredible amount of cash that is sitting on the sidelines will pounce on stocks and real assets, and we will see a ferocious amount of buying.

There will come a time when this debacle will be a fading memory, and fortunes will be made off of the bottom. There won't be a whistle or a bell telling you when that is, and sometimes when things are the darkest and fear the greatest you have to hold your nose and take the plunge.

 

For the rest of this story, as well as a look at the downside, please visit The Commercial Mortgage and Political Hotline at http://commercialmortgagehotline.blogspot.com.