Official recessions ended almost 16 months ago. By 2004-2005 COnsumer confidence PRESENT CONDITIONS rose to 120 (then 140), as you can see PRESENT CONDITIONS reading during this "recovery" is at worst reading of ONLY 20 !
Bullish confidence in the stock market is near 2007 highs, FED funds held at 0% for multiple years...no sign of lifting that easing.....but where are the signs current policies are working?
Today is when 99ers benefits end for 2 million of the long term unemployed unless a vote to extend is successful. Some recovery as many nations in the world who DO NOT have luxury of RESERVE CURRENCY need bailouts.
D
2 comments:
The mall was empty on Sunday afternoon. Some recovery
Hey Jay....they were all there at 6 A.M. before you got up?
Lots of folks looking at this trading range esp SPX and seeing (one way or other) a Rule of 4 breakout set up. Hope all is well
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