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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (106977)1/6/2012 9:16:20 AM
From: Road Walker  Read Replies (1) | Respond to of 149317
 
What will next week's revision look like? The data is starting to pile up that makes me start to wonder if we might have a sustainable recovery brewing, but I still think the global risks argue in favor of a renewed recession in the short run.

I don't have a dog in the bull/bear fight, but just looking at the data coming out makes me suspect the economy is finally starting to accelerate.

And just a point. It's been a lot of years since we had a real robust recessionary rebound ... the last one early 2000's was very slow and weak. But most times in history they have been really big, big bounces. And since everyone is projecting everything except a huge economic rally ... well I wouldn't rule it out. Certainly have the fuel needed (monetary policy as you so often point out).