i was just reading the news and come across the line says the stocks jump as Bernanke says economy is recovering. this got me thinking, is the economy really recovering, or is it just decreasing at a less severe rate?
i think the sign of recovery depends on real GDP and market basket, not on some vague data like lending rate or consumer confidence, though all the other data also serve, to a certain extent, as a indication of how the economy really is doing. so for anyone that was interested, do you really think the economy is recovering, or at least close to it?
here is a link to the article.
http://finance.yahoo.com/news/Stocks-ri ... et=&ccode=