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
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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