TheRealMafoo on 04 April 2009
| Snake612 said: The stocks have been pretty good as of recently. I think we will see the end of the recession by the mid of the 2nd quarter of 2009. |
Home values are down. Foreclosures are still up. Unemployment is still on the rise.
The stock market is a reaction to the G-20 talks, and the GM and Chrysler bailouts. It will only take one event to bring it back down (like a major bank failing, or when GM fails, or any number of 1000 things that can happen).
With the explotion in government spending, the reduction in the GDP, people loosing there jobs and there homes on the rise, something has got to give. We have not hit the bottom yet.
