Nov 20, 2008

Investing in a Rapidly Changing World

By Andrew Mickey
Chief Investment Strategist, Q1 Publishing

As I write, the Dow is down another 5%. Shares of smaller companies have fallen even further. Oil prices continue to slide. Investors are starting to price in a long, sustained downturn.

Despite all the doom and gloom, as I look outside my office, there’s a lot going on. Road workers still have the street closed down as they repave it. People are still shopping. The restaurants are just as active as they were a year ago. It appears no one is saving every penny in case the world enters a prolonged depression. But I do notice some changes that must happen as part of a new reality we face.

This type of overcrowding cannot and will not last through a prolonged downturn. Ensure you are prepared by...

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