7 Signs of an Economic Bottom -- @ Seeking Alpha:
"There are opaque and early signs that the U.S. economy has started the beginning of a bottoming process. Just like a diving submarine needs to stop its downward motion and reach its lowest depth before it can resurface, the economy needs to go through the steps of slowing its decline and stabilizing before it can start rising again. Some recent economic data seems to suggest that the rate of economic decline has started to slow and that sometime in the second or third quarter the bottom may be found."
Thursday, February 26, 2009
at 8:40 AM