Citigroup analyst Mark Mahaney expects the worse in the public financial markets for the next 6 months
It’s going to get a lot much worse in the public markets before it gets… well back to today’s lows!
That’s according to Citi Internet analyst Mark Mahaney, speaking at the Dow Jones Technology Showcase conference yesterday.
“A year from now in the public markets, the stock prices will be pretty close to where they are today. That sounds depressing but I think that will be up from where they are 6 months from now,” said Mahaney.
Yes, it is depressing. So should you take your 401K (or what’s left of it) to the money market? That’s maybe the last resort but if Mahaney’s right, you may look smart a year from now 
I’m still holding a bullish investmnet portfolio altogether. It is just a matter of time until everything starts turning around. The thing is that when a bull market fires up, we don’t realize it until it’s already six months old.