Fed Vice Chair Offers Optimism For Late 2009

In our search for any and all types of signs or statements regarding the dissolution of the recession, there's this brief article.

Fed Vice Chair Kohn made statements in a university speech today which were again pointing to the end of 2009 as a salient point in the slowdown of the recession.

It favorable news but at this point I don't really believe anyone.

Reuters: Fed's Kohn - signs economy may stabilize in 2009

"may be an early indication that conditions are falling into place for real GDP to decline at a slower rate in the second quarter and to stabilize later this year..."