Forbes has done a piece on the predicted recovery rates in some major markets. At the end of the article is a chart predicting when the recovery will start and how much rebound is expected. The most interesting thing I noticed was the way recoveries occur. They talk about a “V” shaped recovery, where there is a sharp decline, followed by a sharp upturn, with very little time spent in the trough. Then there is a “U” shaped recovery, with a sharp decline, followed by a more significant time on the bottom, and then a fairly sharp upturn. Finally, there the “L” shaped pattern, where things drop sharply and stay down.
This article talks about recoveries that started in 2006 and are well on their way. It also talks about markets that won’t start their recovery until 2009. This one is worth the read. Click here to get the full story.
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