I'm seeing sighs of a psycholigical bottom out. That's not to say things aren't bad and couldn't still get worse. I have lived through many a recession and spring and summer often have been periods of recovery from the dead of winter economic drolls during them. Maybe it's a false confidence, but people are starting to respond to it.
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I'm with you star. The market is going to keep going up for a few weeks but once reality sets in and people are sill getting laid off instead of getting called back to work its going to be an ugly summer.
The difference between an optimist and a pessimist is that the pessimist is better informed.
Is Americans' angst bottoming out?
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Posted - 04/11/2009 : 19:54:25
