Wells Fargo & Citibank alerts

Too afraid to put up indicative numbers?

Financial services will remain weak for the next 2-4 years, in my estimate. This will keep the stock & real estate markets flattish as well. I wish my wealth and employment outlook in the short term was better, but I don't think that's being realistic.

UPDATE: Evan Newmark is more bullish than I am, citing 3 possible catalysts to a nearer recovery:

#1 McCain wins the Presidential election

#2 The U.S. housing market sees a bottom

#3 The momentum trade switches to U.S. stocks

My responses would be: 1) there's a great chance Obama will win, 2) mortgages might still be hard to come by, and 3) without stronger earnings sentiment, momentum skips stocks for now