Catalyst(s) that end recessions...
While fundamental causes underly shifts in the economy/markets, the balance between fear and greed add momentum or herd mentality to affect timing and make recessions and expansions deeper and longer than they might otherwise be. Just restoring collective confidence plays a huge role, but that's ellusive.
No idea what will turn this one around, but who knows what the catalyst(s) and/or series of events were that led us out of previous recessions? Following the dotcom bubble, the 87 crash, etc. Not that anyone could have recognized them while they were happening...
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)