Week To Weak

Bernacke has spoken.

The answer to the question is maybe yes and maybe no.

He sees a way out of the recession sooner but it might be later and longer. In a nutshell his words were sober, hopeful, and pot shot accurate.

Reuters: Bernanke fears recession could extend to 2010

"If actions taken by the administration, the Congress, and the Federal Reserve are successful in restoring some measure of financial stability -- and only if that is the case, in my view -- there is a reasonable prospect that the current recession will end in 2009 and that 2010 will be a year of recovery," he said.