Hey, all we have to do is wait a few weeks and revisit the petite debate. "Mainly on hopes" “It's like watching the market's blood pressure come down,” said David Kelly, chief market strategist at JPMorgan Funds in New York.
“Every day that goes by without something bad happening is reducing the risk of an economic rebound getting derailed.”
JPMorgan Funds in New York won't lie to you eh? I hope you don't loose to much. Those pricks will predict an economic rebound all the way down to the concrete.
OK DB, you can trash JP Morgan and be a skeptic. I can't deny you your own opinion and I gave you that as a back up to my original statement..
Sorry DB you may not be seeing it but we are.. Book to bill ratios in the positive for the last 4 months straight and into a 5th month is a sign of an end of economic bad times.. These guy are starting to re-invest in inventory and parts lead times and stretching from demand.. Plus my customers are are placing NEW Orders, something that had not been happening for the last 9 months.. You do the math..