We've had the recent upsurge in the stock market. Is this the beginning of an improving economy (the economy improved in 1931 and President Hoover mistakenly said that the worst was over) or is Wall Street playing us for suckers?
The G-20 meeting in London resulted in concrete plans from the world's leading economies. Do we have reason for optimism or is this economic situation worse than we are realizing? Is what the G-20 is planning enough?
One thing is for sure: nobody knows for sure.
1 comment:
I see no hope at this point. Any upswing in the stock market is a red herring.
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