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"In recent days, just as we've seen tantalizing, oh-so-subtle hints the economic distress might be leveling off, a smattering of signs has emerged to suggest the national bad mood of recent months may be — and note we say, quite carefully, MAY be — bottoming out.
Last week, fresh retail sales figures, a key indicator of consumer spending and, thus, the American mood, suggested that while people are still holding their cash close to their chest, their sour stomach might be stabilizing a bit — getting "less worse," in effect.
Numbers from Gallup's Consumer Mood Index were up 6 points for the week ending April 5, the fourth consecutive week they rose. The index is now as high as it's been in over a year — buoyed, perhaps, by the upward-creeping stock market. And an AP-GfK poll showed the number of Americans who think the country is heading in the right direction more than doubled between October and February — to 40 percent.
Not that it's all good, mind you. Just, well, less worse."
Things do appear to be going better IMO.I base this on that the stock market has been on the upswing for the past few weeks,jobless claims recently were lower then expected and I know I saw couple good signs in my personal life.Like one of my credit cards(chase bank) who used to enclose checks you could write for as much of your credit limit as you wanted with zero interest for 3 months had stopped doing that in december just enclosed them again in bill I got yesterday.So they must be now again willing to put money out and loan again and feeling more confident.
If things do get better as they hopefully/seemingly are there will also be another great benefit.You can put a fork in the republicans/conservatives.:thumbsup::1orglaugh
"In recent days, just as we've seen tantalizing, oh-so-subtle hints the economic distress might be leveling off, a smattering of signs has emerged to suggest the national bad mood of recent months may be — and note we say, quite carefully, MAY be — bottoming out.
Last week, fresh retail sales figures, a key indicator of consumer spending and, thus, the American mood, suggested that while people are still holding their cash close to their chest, their sour stomach might be stabilizing a bit — getting "less worse," in effect.
Numbers from Gallup's Consumer Mood Index were up 6 points for the week ending April 5, the fourth consecutive week they rose. The index is now as high as it's been in over a year — buoyed, perhaps, by the upward-creeping stock market. And an AP-GfK poll showed the number of Americans who think the country is heading in the right direction more than doubled between October and February — to 40 percent.
Not that it's all good, mind you. Just, well, less worse."
Things do appear to be going better IMO.I base this on that the stock market has been on the upswing for the past few weeks,jobless claims recently were lower then expected and I know I saw couple good signs in my personal life.Like one of my credit cards(chase bank) who used to enclose checks you could write for as much of your credit limit as you wanted with zero interest for 3 months had stopped doing that in december just enclosed them again in bill I got yesterday.So they must be now again willing to put money out and loan again and feeling more confident.
If things do get better as they hopefully/seemingly are there will also be another great benefit.You can put a fork in the republicans/conservatives.:thumbsup::1orglaugh
