[tdavidson]

I wonder if investors are proclaiming tough times simply because it's in their incentives to push down valuations :)

Seriously though,once "everybody" starts proclaiming the truth, it's usually a counter-sign that "everybody" is wrong.

It's harder to ride the bubble in a recession, but it's still possible to create great companies in downturns.

[josefresco]

Exactly, see startups focusing on new energy, frugal living and international markets.