Asset Management Tips

OK, so maybe the economy has fallen into recession. Maybe house prices are going to decline 12 percent by the time it's all done, as <strong>Fannie Mae</strong>'s chief executive said recently. Maybe this won't be the year for that 13 percent stock-price rebound that <strong>Goldman Sachs</strong>'s crack investment strategist, Abby Joseph Cohen, predicted only last month.</p><p>But, hey, look on the bright side: The country and Wall Street have already made great progress in moving through the stages of economic grief:</p><p>-Willful blindness. (“Bubble, what bubble?”)</p><p>-Denial. (“House prices never fall. It's only those speculators in Las Vegas and the Gulf Coast.”)</p><p>-Rationalization. read more