Is the worst of the recession Over?

[Splat]

IMO The governments are hyping and propping up the markets (quantitative easing, etc...) and trying to create a perception that things are getting better so that people start spending money to heal the economy. At the end of the day they know that propping the banks alone is not the end. It is when the public start using and letting go of their money that pressures on the economies will start to ease.
Right now the markets have a much higher strength relative to the daily news that is coming out. I think that the longer the government continues the hype the longer the crisis will last. Its like trying to patch up a wound with makeup - the underlying wound is still there and unless that heals the underlying problems are still there....

 

[kiwi_trader]

The drivers for new lows are still here.

You guys might have dumped some of your debt but in places like Aus its loaded up and every fool is out buying houses with special government grants. And consumer confidence is sky high.

Lemmings, joyous, heading to you know where (and recession isn't a big enough word).

 

[Mvic]

From decreasing freight volumes on the nation's railways, to worsening outlooks from leading coal miners, indications are mounting that the second quarter could be even uglier than the first.

http://www.fool.com/investing/general/2009/04/27/when-blazing-furnaces-go-stone-cold.aspx

 

[Mvic]

Will be looking to enter SRS long after the FOMC today.

 

[Mvic]

Following the Sox has working very well and it isn't confirming any breakout here.

 

[Mvic]

Took $1.2 out of SRS and rolled it into June calls.

 

[monty21]

Quote from Mvic:

From decreasing freight volumes on the nation's railways, to worsening outlooks from leading coal miners, indications are mounting that the second quarter could be even uglier than the first.

http://www.fool.com/investing/general/2009/04/27/when-blazing-furnaces-go-stone-cold.aspx

The market seemingly defies logic. S&P 500 futures went up over 18 handles today.

I guess the truth is in the tape. Maybe all those articles telling how bad the economy is are just a bunch of propaganda.

 

[Dr. Zhivodka]

2.8% inflation deflator in the 6.2% decline in GDP.

We going higher....much higher.

 

[ByLoSellHi]

Yes, the economy is all patched up, so expect 3.2% annual growth rates and full employment very soon.

 

[Dr. Zhivodka]

We're not about talking econ 101 my friend. Full emp means jack poop poo.

Inflation is Monetary.

Look at the data.

Quote from ByLoSellHi:

Yes, the economy is all patched up, so expect 3.2% annual growth rates and full employment very soon.