Where's The Bottom?
Mar. 7th, 2009 09:10 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
paserbypJOBS: When business conditions improve, employers hire temporary workers first, she said, and a pickup in permanent hiring wouldn't be far behind. Economist Sophia Koropeckyj, a managing director at Moody's Economy.com, estimated that could come in mid-2010.
HOUSING: Most economists don't expect home prices to bottom out before the first quarter of 2010. And don't expect an explosive rebound: Price increases will probably be modest when they come.
STOCKS: Many market experts say the bottom of the stock market could come in the second or third quarter of this year. And the recovery, whenever it comes, could be as breathtaking as the fall: Since 1932, the S&P 500 has gained an average of 46 percent in the year after stocks have hit a bottom.
Details: http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom
HOUSING: Most economists don't expect home prices to bottom out before the first quarter of 2010. And don't expect an explosive rebound: Price increases will probably be modest when they come.
STOCKS: Many market experts say the bottom of the stock market could come in the second or third quarter of this year. And the recovery, whenever it comes, could be as breathtaking as the fall: Since 1932, the S&P 500 has gained an average of 46 percent in the year after stocks have hit a bottom.
Details: http://news.yahoo.com/s/ap/20090307/ap_on_bi_ge/economy_where_s_the_bottom
