Shakleton White Associates President Believes This is a Critical Week for the US Economy

With reports or Congressional hearings due on housing, consumer spending, government spending, bank rescue efforts, manufacturing and perhaps most significantly the labor market the US and global markets will be watching closely to see how Wall Street reacts. Investors continue to look for signs that the market has factored in enough of the bad news to at least stabilize, if not move higher.

Seattle, WA, March 04, 2009 --(PR.com)-- "That we are at 12-year lows tells you that we are in a period of enormous uncertainty and that nobody knows where the bottom is," said Jennifer Campbell, CEO at Shakleton White Associates. "It shows that people are losing their belief in equities as a way to grow assets, and that they'd rather put their money elsewhere," she said.

Campbell continued by saying “Believe it or not, it is still not bleak enough to suggest a so-called bottom is forming” and she went on to comment further ”The S&P 500 and Dow industrials are both now roughly 50% off their all-time highs from October 2007 and this has made some investors think that a big rally could be brewing.” Campbell concluded her speech by stating “However, the retreat could easily surpass 50% and the fact that some people are optimistic about a rally starting but that's not what you see at a bottom, you usually see panic or apathy and we're not seeing either right now."

Shakleton White Associates inventory analysts have long term proven financial, retail, manufacturing, wholesale, and distribution backgrounds. The mergers & acquisitions arm of Shakleton White Associates is a participant in all major bidding, thereby keeping abreast of all market bids and realizations. Shakleton White Associates works alongside industry leaders who recognize the dramatic need for major changes, with a passionate commitment to business growth. Providing a full range of integrated services and products simultaneously directed at producing strategically predetermined business and cultural results. We bring together a broad range of talent and resources with a passion for integrity, continuous improvement and the desire to make a difference. This results in prosperity for our customers, society and ourselves.

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Shakleton White Associates
Jennifer Campbell
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www.shakletonwhite.com
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