I believe we are within 60 days of recession bottom.
I believe we are within 60 days of recession bottom. I predict by third QTR our GDP will start heading in the viable direction.
I will not really have a sense of when the recession will be over till I see the new GDP patterns.
There are lots of boring number reasons, which are near and dear to my heart, that cause me to believe this.
A few here:
· Stock numbers and patterns
· 2009 QTR 1 profits / or better than expected results
· China’s history making, amazing economic performance
· Initial unemployment filings are down 3 consecutive weeks by 5 digits.
· Stimulus Performance indicators
I can go on in more detail if anyone asks over drinks.
PS. Great time to buy if you can. If anyone cares my last purchase was DYN. Get it below 2 if you can.