Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: Hope Praytochange who wrote (7620)	7/17/2010 8:38:00 PM
From: GROUND ZERO™	Read Replies (1) of 219393

In that article, Roubini said, "The global slowdown – already evident in second-quarter data for 2010 – will accelerate in the second half of the year. Fiscal stimulus will disappear as austerity programs take hold in most countries. Inventory adjustments, which boosted growth for a few quarters, will run their course. The effects of tax policies that stole demand from the future – such as incentives for buyers of cars and homes – will diminish as programs expire. Labor-market conditions remain weak, with little job creation and a spreading sense of malaise among consumers." Wow, there's nothing like good news to start the weekend off, huh? -g- GZ

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