Tuesday, October 20, 2009

The Recession is OVER!!!!

The DOW is holding 10,000 this week. Yay!

Let's look at other figures.

1 out of 136 homes in the U.S. are in foreclosure.

Over 970,000 homes entered foreclosure in the 3rd Quarter of 2009.

oil prices are spiking. (speculation much?)

Sound familiar?

Add to that the "4 week moving average" of new jobless claims cresting 530,000...

...and you got a world of hurt.

as icing to the cake let's add: no specific and measurable finance regulation  and   nor reform of any kind.

let's chant it now: "DOUBLE DIP! DOUBLE DIP! DOUBLE DIP!"

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