US Downtrend To Last For A Couple of Years?

Said on CNBC website.

• Could Last 'A Couple Years'
  
  "I think we're stuck in a downward channel for a couple years," says Chris Orndorff, head of equity at Los Angeles-based Payden & Rygel. "This process of deleveraging that's occurring is a very significant headwind for the economy. It's going to take a while for the banks to right themselves."

http://www.cnbc.com/id/26289118