Blackduck Zzup, In 1929/30 there was no TARP to stimulate the economy and there wasn't the debt levels we have today.
Once again regarding the companies earnings, REVENUE didn't rise much at all. It's increases in revenue that show you that things are getting better not some number like "profit increase 83%". If it were possible to have robots do peoples work and it lead to cost cutting and massive profit upgrades would this mean it's good for the economy? Perhaps for the individual businesses but not for the millions unemployed who cannot spend to stimilate the economy
Every chance we have a lot further south to go before it gets better.
Consumer confidence is below the average recession levels in the US.
If Bernanke doesn't say what the market wants, we could have a flash crash.
With the move up from July it just seems like he's told his buddies "the banksters" what's going to happen tonight
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