Comments on: Poll: Is the Economy Really Recovering?

By: Daddy Paul

Daddy Paul — Tue, 23 Mar 2010 03:29:45 +0000

The economy my be getting better but the employment picture is not.

By: Kirk Kinder

Kirk Kinder — Tue, 23 Mar 2010 02:00:49 +0000

@John: I couldn’t disagree more. Most people failed to see this mess coming. If they had, they may have taken action to halt the inefficiencies and corruption taking place in the housing market. The Fed might have raised rates to slow the debt levels.

The business cycle is a natural event just like the seasons. Until we become totally rational creatures, it will be with us.

By: Kirk Kinder

Kirk Kinder — Tue, 23 Mar 2010 01:56:59 +0000

Things have improved from the lows, especially the stock market. However, this comes after the largest stimulus ever. In post WWII recessions, the average stimulus from the Fed and Treasury have been 2.9% of GDP. This recession the stimulus was 29% or ten times as much. This provides a jolt, but when the effects wear off we will probably see a reversion.

We are in a debt deflation. The only other instances of this are Japan in the 90s and US/world in the 30s. It will take a few years to get through this.

By: Kitchen Valances

Kitchen Valances — Sat, 20 Mar 2010 05:46:34 +0000

To be honest, I think it’s too early to say just yet if the economy is really recovering. Maybe in a few months time we will be able to see more positive signs of improvement.

By: John

John — Fri, 19 Mar 2010 03:24:02 +0000

Recessions are mostly just self-fulfilling prophecies. Financial analysts started saying we were headed into a recession so people started to act like we had a recession. Same thing once people started saying we were on the rebound.

By: Credit Girl

Credit Girl — Thu, 18 Mar 2010 20:31:29 +0000

I’d have to agree with Abigail on this one. There are things that are looking up and areas that just aren’t recovering as fast as we’d hoped but I’m sure we’ll continue on a downward spiral for awhile. I have a feeling that our nation hasn’t even hit rock bottom yet..

By: Abigail

Abigail — Thu, 18 Mar 2010 19:46:59 +0000

Hmmmm, I have a guest post this coming Monday somewhat about this topic. So, without restating my whole case, I think the answer is both yes and no. That is, the economy is (slowly) recovering. But a lot of the signs that economists/stock folks are heralding — like increased spending — are false positives and are caused by other things entirely.

By: Neal A. Deutsch,. CFP

Neal A. Deutsch,. CFP — Thu, 18 Mar 2010 15:04:41 +0000

Spring may just be around the corner in so many ways. While the debate rages on if we are in a recovery or teh second-coming-doom, there are so many ways to seek the high ground. Be conscious of your investment portfolio mix and adjust when necessary, be sure to invest in accordance with your risk tolerence, and keep your eyes open. Knowledge is power- although you can’t see into the future, don’t take undue risks and chances…and avoid those “hot tips.”