CNBC KEEPS REPORTING "STRONGER THAN EXPECTED RECOVERY"

Main Street left out of recovery
By Catherine Clifford, staff reporterApril 15, 2010: 12:52 PM ET


NEW YORK (CNNMoney.com) -- The economy may be showing halting signs of recovery, but the turnaround hasn't reached Main Street yet: A pair of recent small business surveys found that most owners are skeptical or downright gloomy about their business prospects this year.

"Something isn't sitting well with small business owners," Bill Dunkelberg, chief economist of the National Federation of Independent Business, said in a written statement accompanying the latest edition of his organization's monthly "Small Business Optimism" report. "Poor sales and uncertainty continue to overwhelm any other good news about the economy."


Realty Trac announced foreclosures are rising in most parts of the country.

Owner of CNBC GE was touted this AM by BECKY QUICK (not so) as having robust earnings

NEW YORK (CNNMoney.com) -- General Electric reported quarterly revenue Friday that fell from year-earlier results and missed Wall Street's forecasts.

The Fairfield, Conn.-based conglomerate said its first-quarter sales fell 5% to $36.6 billion, missing the forecast of analysts polled by Thomson Reuters of $37.1 billion.
Net income fell 18% to $2.3 billion, or 21 cents per share, for the period ended March 31.

CRAMER ON GOOGLE
"Blowout fatigue. Blowout Intuitive. Blowout Google. Blowout Advanced Micro Devices. But not blowout enough and not guidance enough and hair, hair everywhere. I guess." off $25 this AM

IMHO LOTS of good news priced nto markets, even after reporting a 10% GDP Chinese markets flat to down, foreclosures STILL RISING.......HUGE numbers STILL showing in every Thursday job unempoyment report this far into "recovery" ! Home prices flat to declining showing little or NO recovery, senior realtors survey showing diminishing traffic looking, even as we still have historic LOW mortgage rates and FED assistance.....didn't we hire 1 MILLION census workers? small biz confidence in krapper, credit contracting....stock market up 75%.

We have a consumer that is trying to save get out of debt, heal, but what is the FED PLAN? SCREW THE SAVERS with 0% rates and heal the BANKSTERS who aren't lending.....well it's a plan

Duratek