Optimism on recovery? Think again.

Discussion in 'Economy' started by DamnYankee, Aug 17, 2009.

  1. DamnYankee
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    DamnYankee No Neg Policy

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    Optimism about a recovery starting to fizzle
    Observers expect stocks’ rally to end as economic reality starts to set in
    By John W. Schoen
    Senior producer
    msnbc.com
    updated 18 minutes ago

    What happened to all the optimism?

    Less than a week ago, many people were celebrating the beginning of the recovery. The Federal Reserve itself claimed the economy is “leveling out.”

    Now some investors and market watchers say the stock market may have overestimated the prospects for an economic rebound — and share prices could be due for a bigger pullback after a 50 percent surge since March.

    Optimism about a recovery starting to fizzle - Eye on the Economy- msnbc.com
     
  2. elvis
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    elvis BANNED Supporting Member

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    must be the Obama effect.
     
  3. JakeStarkey
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    JakeStarkey Diamond Member Supporting Member

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    Dems will successfully blame the Pubs and Elvis-stain, and sweep the elections in 2010.
     
  4. elvis
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    elvis BANNED Supporting Member

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    whatever you say, Ringo. Whatever you say. can't very well be the dems' fault when they run the whole fucking show, can it, obamabot? :cuckoo::cuckoo:
     
    Last edited: Aug 17, 2009
  5. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    I HOPE they are wrong but I cant CHANGE the financial facts. This recovery is temporary because it was caused by artificial and temporary govt spending.

    But who knows maybe it will work THIS time. I know the method has failed countless other nations and civilizations but maybe somehow we will be the exception to the rule.

    I can hope :D
     
  6. DamnYankee
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    DamnYankee No Neg Policy

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    You mean the way the party-in-power did in 2008?
     
  7. Centrism'sVoice
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    Centrism'sVoice Seceded from USMB

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    Why not? The party in power in 2002 did.
     
  8. DamnYankee
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    DamnYankee No Neg Policy

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    Had to dig that far back, huh?
     
  9. Annie
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    Annie Diamond Member

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    I hate when I see things like this:

    Is The Worst Really Over? - Yahoo! Finance

     
  10. Centrism'sVoice
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    Centrism'sVoice Seceded from USMB

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    That's a blink of an eye. :eusa_eh:
     

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