Tuesday, May 5, 2009

So, who gets the Credit?

On the Fox Channel this morning it was reported that there are signs that the economy might be improving. Three indicators were reported that supported this news:
1) Tech stocks up 20%
2) Money moving into Markets - $3Trillion on sidelines
3) Housing sales are up - prices down money flowing in
On the downside though:
Jobs - 600K down last week
A very good bit of news regarding retirement plans:
401K in positive region for first time this year
Another piece of good news, maybe:
Obamocrats waffling on Cap and Tax
Bernanke to tell us why economy is improving - Capital Hill testimony

Update: Bernanke: Recession Losing Steam

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