1.0 link 100455 http://www.huffingtonpost.com/max-fraad-wolff/leader-to-laggard_b_100455.html Through the second half of 2007, to the collapse of Bear Stearns, US equity indexes were leading America into recession. Markets were discounting shares to reflect serious and prolonged earnings and profit reduction. Stock prices were indicating a long hard fall. Serious turmoil in the financial industry, housing collapse and macro economic weakness were seen as imminent and selling pressure was relentless. As little and late assistance was offered by The Fed, other central banks and governments, there were short...

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