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Blogs > oneoften5 > My Blog

Economy  

oneoften5 62M/57F  
57 posts
5/4/2009 6:36 am
Economy

Have we seen the end of the recession??

gentile_sadico 59M
1392 posts
5/4/2009 9:51 pm

 i think we're seeing the bottom, but the question is how long will we be here till the rise back up?


ustwo32836 66M/F
Ask me for a photo
33 posts
5/30/2009 8:43 am

 I agree we are at the bottom or very close. Now the question is will we stay here for the remainder of the year before we start to climb out of the hole? There are still some issues (the GM and Chrysler problems, the housing market, unemployment and citizen confidence in our government and financial institutions) that can hold us at or near the bottom.


BBallQTathotmale 56M
81 posts
6/3/2009 1:48 am

 According to some sort of "mens' underwear index" we've hit "a" bottom yes; apparantly one can judge the economy by the quality (and style I suppose) of mens' underwear? lol

PS If you can hedge against the US dollar dropping, I'd suggest it; the flight to safety of Treasuries would be ending and can't print that much bailout and stimulus money and raise taxes and have no coming consequences.


nslmrk80 56M
55 posts
11/15/2011 9:59 pm

 Can you say Double Dip?? 1-excessive houses on the market 2-REAL unemployment in double digit[12%?? 15%?? who knows]!? When your unemployment ends, you are considered employed! The employment statistic is based upon how many people are collecting unemployment. You are not considered unemployed after unemployment runs out! 3-slowing economy. 3-Troubled major US banks 4-There are other things too

The economy WILL improve, though I think we have a bit more problems yet. The 1930's depression DID end and so have ALL other recessions.

Suspect wall street/stock market has a fair possibility of going back down significantly again. Maybe back to previous lows after the mortgage mess.

After that I think things will finally get better. Problem is the average Joe with his 401k will be so scared he will sell everything at or near the bottom and either never get back in again or he will get back in after the markets hit 'all time hi's. Then the market will go down a bit[probably not severely] and Joe will sell again. Again at or near the lows. The smart money knows this and is anxiously waiting to take Joe's money. Joe is great at timing the market perfectly wrong. He buys hi and sells low.


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