Kathleen Camilli Next Quotations

The stock market could be on track for a recovery. The stock market is one of the key leading economic indicators and it tends to turn up about six months before the official end of recession. So, if in fact it stays up now, it would be signaling that the recession could be over sometime next June.

The events of this week make a more pronounced v-shape in the downturn. While obviously this will have a very short-term negative impact on us, investors should be focused on the next six-to-nine months.