The economic "stimulus" is just now starting to kick into the economy. I'm thinking we will see a decline in the downward spiral that will be followed by a leveling off of the recession. The question is will it be able to hold and for how long? Already copper has been moving upward in price and that's a good sign. But even if the recovery holds inflation will soon follow as a pay- back. And the pay-back is a bitch.
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We've haven't even gotten moving yet. The best news we've had is that the new unemployment numbers were not as bad as we thought. Still 83% higher than last year. - And on that news Copper broke over $2.05 and oil is back up the the $52.00 range. Guess what happens when we get moving? - The brakes are being put on faster than the gas!
Is the economy leveling off?
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Posted - 04/09/2009 : 20:50:50
