As has been said, a broken clock is correct twice a day.Originally posted by: Genx87
6-9 months? The media has been on this "bad economy" storyline since summer of 2004.Originally posted by: CADsortaGUY
I understand nothing happens instantly, however we are not yet in a recession and none of the "relief" has had a chance to work(not saying it will but...)Originally posted by: Jaskalas
Not everything happens instantly. The Fed's 500 billion spent to save the economy has had some short term positive effect, the long term is completely screwed.Originally posted by: CADsortaGUY
Well, according to the numbers just released - we aren't even in a recession so....
But anyway, we've had tons of talking the economy down the last 6-9 months but yet the numbers just released say we aren't in a recession - that's all I was really pointing out with my statement.
The same logic can be applied to the perma-bulls.