You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #5: I think the recovery will be fast and sharp [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Economy Donate to DU
Yupster Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-09-09 11:23 AM
Response to Original message
5. I think the recovery will be fast and sharp
There is incredible pent up demand out there.

In the stock market, there are many stocks that have solid steady earnings which are down 40 % probably due to last year's panic. Once panic ends they can pop right back to where they always should have been. Also there's record amounts of money sitting in cd's and money market accounts which will feed the rally once it's started -- and it may have already started.

In the car industry there are many people who are deferring buying a badly needed new car. Once things get better all those people will start buying and there will be some very good months.Since Chrystler and GM are so hobbled, that looks really good for Ford.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Topic Forums » Economy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC