The Wall Street Journal leads its Economy rubric with some rare economic good news: this week was the stock market’s best since November 2008, prompting speculation that the economy could finally be close to bottoming out.
“There is a real economy out there, and it has a chance of doing better,” said one eased trader.
This entry was posted on Saturday, March 14th, 2009 at :. and is filed under Business, English, Federal Reserve, Globalisation, International Affairs, Newspapers, USA, World Markets & Economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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It may have reached bottom but it may also be a dead cat bounce.