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Does any one see the Signs of Market revival

Sri Anand
Ranch Hand

Joined: Mar 06, 2005
Posts: 392
Does any one see the Signs of Market revival, in next 6 months. Looks people are losing jobs like Hell. Also looks like every one is careful spending money so its slowed down the money circulation.When will Govt start spending their $800 billion
Pat Farrell
Rancher

Joined: Aug 11, 2007
Posts: 4637
    
    5

Sri Anand wrote:.When will Govt start spending their $800 billion

Not very soon. Some tax cuts could be visible in a month or two. Real money for contracting jobs (roads, etc.) will take months at best, and a year or two for most of it.

I am not an economist nor a politician, but I see very little probability for serious recovery in the US for six months to a year.

We haven't yet started talking about nationalizing all the banks that are gonna fail.

But this may be a bit too meanful for MD, even if I have no clue whether I'm right or completely wrong.
 
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