By August or so the news will be much better.
There is one thing that eases my concerns: the balance sheets of most of our corporations have never been healthier, except for the banks. I see the Fed keeping the funds flowing to offset the lack of lending by banks.
I think that will be sufficient to stave off a recession. Slow growth, yes...recession, no.
Given the Fed’s rate cuts and the stimulus packaged (whatever your opinion of it), you may be right.
“Timing for Dems is not good. The bad economic news is peaking too early.
By August or so the news will be much better.”
But Public opinion of the economy always lags behind reports of good news. And we know how the MSM is gong to play this.
Lets hope gas is not in the $4 a gallon range in late summer.
The bad economic news has peaked too early. There fixed it... Companies like NSM show the bottom in January, and rising orders now. This will be known as the Great January Recession of 2008....no quarters down, no recession! Of course, some banks, home builders, and hedge funds will continue their recession ways 'til summer! To see where some homes are being sold see the Association of Foreign Investors in Real Estate. Our new neighbors have lotsa cheap US Dollars to spend!