Tuesday, December 15, 2009

News and expectations

Today's been an odd day for news. So odd that something is not feeling right and I hope it's not true. I'm seeing articles saying that we're slowly but surely coming out of the recession that we're in. Of course that's easy to say when you fall flat on your face, of course things will get better eventually. Slowly, I too agree with. But that's the kind of article that makes you think "things" are going to be ok sometime soon.

Then I read the dollar is inching up. Then I read home manufacturing is down. And in my gut and from what I saw from the results of Black Friday, we're not going to have great / good numbers from December, which is what will make or break many business's year.

The odd feeling that I'm getting is stagnation. Which is not good for anyone. I know it's hard to hear and unfair to say but if the housing market is going up or down, with low rates like they are, we can do something with it. But if you have everyone just holding and saving their money we're going to go into stagnation which is the worst thing that could happen on an unstable economy.

Rates are low and you're still seeing people buying and selling (be it short sale or foreclosure too) we've got a punchers chance to take on 2010. But if my gut is wrong, and I hope it is, let's hope stagnation of this economy doesn't set in. Only time will tell. Let's see what the rest of this week says because once we get into the second half of December, you're not going to be able to do much... except await the next Bear installment :)

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