What will be the shape of recovery?

What will be the shape of the recovery?

  • Total voters
    12
hopefully

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There isn't going to be much of a recovery because the Corporate Big wigs are still running their companies as if nothing has changed.
 
I voted U corporations did do a lot ask the millions laid off, many for good. Its going to be a nice recovery except for the permanently laid off. now if I could just get laid off.
 
There will be no recovery.

equities and commodities are up simply because of all the money they're creating. the connected people have to put it somewhere so it seeps into equities and commodities to create a paper only "jobless recovery". On cnbc they call it "The New Normal".
 
some people will ignore the current recovery and when we have another correction will call it a double dip. We are close to being past the point of double dip now I believe. Not positive what the parameters are.
 
Chapdog said:
some people will ignore the current recovery and when we have another correction will call it a double dip. We are close to being past the point of double dip now I believe. Not positive what the parameters are.
Click to expand...

Typically you look at the Peak (Oct 2007) and the Trough (March 2009).

For a "W" recovery you would see a bounce off the bottom by about 60-65%, then a retest of the bottom (so back to March 2009 lows) and then back up. For the W to occur, you would need to retest the lows of 2009 prior to going past the highs of 2007.

Given that we are also just above the 10750 technical break right now, the more time it spends above that level, the harder it will be to push back below it. So each week it holds, the more likely it is that you are correct and that we will not see the double dip.

That said, I still believe the double dip is likely.... which is why the market is being so desperately propped up right now. Everyone knows the ramifications of the double dip and are trying everything they can to avoid it.

Unfortunately, they are not doing a good job in the most important area.... jobs... especially private sector jobs.
 
slim to no chance of another quick recession, we will have GDP between 2 and 4% for the rest of the year.
 
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