Tuesday, February 3, 2009

When will we know if Government Stimulation is working?

How will we know that the government stimulus is working to stabilize the markets?

Very simply, It ALL comes back to commodities; we will know that the financial markets will stabilize when…oil prices rise again.

The economic data that the media tend to focus on are often lagging indicators. Unemployment, GDP, corporate earnings and retail sales tell us what has already happened…not what is going to happen.

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