When economy bottoms out, how will we know?

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	When economy bottoms out, how will we know?

Marcariel

3-7-2009 1:38 PM

240 views

tags:

economy, recession, stock market, foreclosures, unemployment

Marcariel says:

More Doom and gloom! I'm feeling it for sure!

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/f348ea32-75f7-448c-91c9-f6a18dd50a76/46FA9798-5360-424D-B4C6-69343005A4B1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom" href="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom" style="font-size: 11px;">news.yahoo.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom">When will this wretched economy bottom out?</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/news.yahoo.com/img/AB894822-D7A1-4A5D-9BBD-C5F25CF49286" alt="UPDATED: ADDS S&P FEVER LINE: graphic shows recessions, housing prices and bear" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom">The recession is already in its 15th month, making it longer than all but two downturns since <SPAN id="lw_1236446654_0" class="yshortcuts">World War II</SPAN>.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom">The Dow is in free fall, jobs are vanishing every day, and one in eight American homeowners is in foreclosure or behind on payments.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom">the economy always recovers. It runs in cycles</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom">HOW BAD IS IT?: The <SPAN id="lw_1236446654_1" class="yshortcuts">U.S. unemployment rate</SPAN> hit 8.1 percent in February, a 25-year peak. The nation has lost 4.4 million jobs since the recession began in late 2007.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom">HOW MUCH WORSE COULD IT GET? The darkest days for the job market are almost certainly still ahead.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom">an <SPAN id="lw_1236446654_3" class="yshortcuts">unemployment rate</SPAN> above 9 percent.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom">That would easily surpass the 2001 and 1990-91 recessions but trail the 10.8 percent rate of December 1982.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom"><P>asked experts where things stand and how to know when they've hit bottom.</p> <P>None of them expects it to come anytime soon.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/46FA9798-5360-424D-B4C6-69343005A4B1/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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