Housing sales increased in the month of December. Housing Prices are up. Jobs were cut this week, but employers commonly lag in recognizing when the economy is turning positive. I'll also mention that I have gut feeling that this is almost over. Does this mean that the initial bailout worked to free up the credit markets and therefore bank lending? What about Obama's proposed stimulus plan? If the economy is begining to swing positive and Obama manages to get his stimulus plan then that makes the positive slope steaper, right? Your thoughts are always welcome.
Wednesday, January 28, 2009
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