Sunday, April 26, 2009

Nikkei Opens Higher On Monday

After 16 months and then some of this recession, battle fatigue is everywhere.

A few of the things Summers said on Fox News today:
"Six or eight weeks ago, there were no positive statistics to be found anywhere. The economy felt like it was falling vertically. Today, the picture is much more mixed..."

"I suspect the economy will continue to decline for some time to come..." source
The idea is that the economic free fall now has a tiny parachute.

There you have it, one year to go.

Reuters: Nikkei rises 0.9 pct on U.S. economy hope, Wall St

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