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Non-Tech : Banks--- Betting on the recovery
WFC 84.71-1.8%3:59 PM EST

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To: Road Walker who wrote (526)5/18/2009 1:18:28 AM
From: tejek   of 1428
 
Just my own anecdotal read on whats happening at the moment. It seems like the rest of the world is recovering, but the US isn't. I sell to people that sell to the public, and things are getting real soft out there. Part of that is seasonal for me... but I'm hearing a little fear in people voices when they talk about their business.

The numbers coming out of Europe and Asia seem to be better than the US numbers....


Europe is doing worse than we are. Asia is the only engine that's running at this point. We are trying to turn over the engine but it hasn't caught yet.......close but no cigar. Give it another couple of months.
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