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Friday, October 23, 2009
10:33 AM TweetThis
  • Recovery? What recovery? The question: "Thinking about your own experience of economic conditions, would you say that from your point of view the recession is over, or not over?" Result: Not over, 82%.

This news story has 14 comments:

  •  
    recession is over for me . but i see depression is coming ....
    Oct 23 10:40 AM | Link | Reply
  •  
    The other 18% work on Wall Street
    Oct 23 10:42 AM | Link | Reply
  •  
    Give me a break...we a going to get employment,we are going to
    have personal income going up and we are going to see
    stabilization in home prices....then people ( lagging indicator) are
    going to say we are in recovery....
    Oct 23 10:43 AM | Link | Reply
  •  
    bbro, you just used too much logic for people here at SA.

    Start yelling more. And saying how Obama is a socialist and we are all going to die because of death panels. Comeon, get with the program!
    Oct 23 10:48 AM | Link | Reply
  •  
    Thanks for all the pessimism. Another sure buy signal.
    Oct 23 10:53 AM | Link | Reply
  •  
    It's all perspective.

    If you're a Wall Street executive, you've been dancing on air since you started laying off massive numbers of people in 2008.

    If you're a day/swing trader, you've been loving life for months now.

    If you're an active investor, you might be feeling like you're almost back to even.

    If you're a white-collar worker, your investments (mostly institutional, some personal) still haven't recovered fully, you might have only taken a minor pay cut, but at least you're still employed, though your house might be underwater.

    If you're a blue collar worker, your investments (all institutional) still haven't recovered fully, you're either unemployed or underemployed, and the threat of layoffs is still looming large, and your house might be underwater.
    Oct 23 10:54 AM | Link | Reply
  •  
    thanks....humoring myself until lunchtime...


    On Oct 23 10:48 AM Machiavelli999 wrote:

    > bbro, you just used too much logic for people here at SA.
    >
    > Start yelling more. And saying how Obama is a socialist and we are
    > all going to die because of death panels. Comeon, get with the program!
    Oct 23 10:55 AM | Link | Reply
  •  
    This was from Machiavelli999:

    "bbro, you just used too much logic for people here at SA."

    bbro, you are right man,

    Try harder next time bro.
    Oct 23 10:59 AM | Link | Reply
  •  
    "...89 percent rate the economy negatively, 77 percent call it a bad time to spend money and 59 percent say their own finances are hurting – all near their lows in 23 years of weekly polls."

    Now THAT's not speculation, nor "economist fuzzy math". That is from the source of economic spending. A harsh logical reality that eludes the "experts".

    Hey bbro, the "lagging indicator" has been lagging for close to 2 years now. Define "lagging" and then define "trending".
    Oct 23 11:00 AM | Link | Reply
  •  
    And rising foreclosures is a leading indicator of stablization in home prices?

    Optimism is a lagging indicator of reality.
    Oct 23 11:02 AM | Link | Reply
  •  
    Look at NIPA net cash flow accounts plenty of liquidity....
    Oct 23 11:20 AM | Link | Reply
  •  
    This ain't the 1930's.....
    Oct 23 11:21 AM | Link | Reply
  •  
    true, and it ain't '82 or '03 either.
    Oct 23 11:34 AM | Link | Reply
  •  
    agreed....
    Oct 23 11:49 AM | Link | Reply
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