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S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,168.00
(
0.52%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
82.28
(
0.00%
)
Bitcoin
66,666.98
(
0.72%
)
Post# of 376163
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loridans

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loridans

Re: greenehugh post# 238393

Sunday, 01/24/2010 2:45:12 PM

Sunday, January 24, 2010 2:45:12 PM

Post# of 376163
If Bernanke gets confirmed, the decline in the markets will be mitigated.

Mitigated--not stopped, IMO.

Unemployment is still too high to get too bullish here. The longer families have no income--or one income--the more decisions are made to reduce spending even more.

It is bound to result in slower growth.
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