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Add to Add to collection s Add to saved. For nearly 25 years, Corum has created the standard for success. The information in this report reflects prevailing conditions and our views as of this date, and is subject to change accordingly. In addition, our analysis does not purport to provide appraisals of any assets, stock or business entity, and should not be used as the basis for any investment decisions.
We have never seen an economic collapse like this. In our year-end report for we wrote an article discussing our concerns about problems we saw brewing in the markets.
Following is an excerpt: There is mounting concern about potential consequences of enormous growth in debt and speculation and changes in the financial system. The President of the New York Federal Reserve Bank, Timothy Geithner, feels that changes in the financial system since and the selling of debt obligations to numerous buyers have lessened the chances that relatively small shocks will upset the entire system.
The changes that have reduced the vulnerability of the system to smaller shocks may have increased the severity of the large ones. In and beyond, President Obama will be faced with many dire challenges, but the one he will likely be judged on the most is whether he can save capitalism. Markets need certainty and predictability. As you well know, the crisis is global, and conditions are not expected to improve anytime soon. That is what this report is dedicated to- with detailed valuation metrics on 28 subsectors.
