Recession Ended Last Quarter, Future Still Murky | Arohan’s investing life

28 Jul, 2009  |  Written by  |  under News

Fearless web patrol found this L3AK of interest page Recession Ended Last Quarter, Future Still Murky | Arohan’s investing life worth a look.

From the page: “Many signs are now pointing towards a possibility that we may have seen the worst of the economic downturn. This is certainly a conclusion that is being drawn by many leading economists. In the recent days we have seen two major housing reports showing unexpected increases in both new home sales as well as sales of existing homes. A few companies, such as Caterpillar and Ingersoll-Rand have reported an uptick in machinery and refrigerated trailer sales, which have traditionally been quite a reliable indicator of economic activity on the rise.”

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