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Old 10-22-2009, 02:57 PM
 
Location: SE Arizona - FINALLY! :D
18,947 posts, read 21,939,969 times
Reputation: 6538

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The Conference Boards' LEI - widely considered to be the best indicator of future economic direction - was up again (for the 6th straight month). This is the fastest 6th month growth rate since 1983 (as the economy started coming out of the "Reagan Recession" of the early 1980's).

"The LEI has risen for six consecutive months and the coincident economic index has increased in two of the last three months. These numbers strongly suggest that a recovery is developing. However, the intensity of that recovery will depend on how much, and how soon, demand picks up."

The Conference Board Leading Economic Indexâ„¢ (LEI) for the U.S. Improves Again

Just what I've been saying for months now - Recovery is coming (the early stages are already HERE) - the only real questions are "How fast" and "How strong".



Ken
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Old 10-22-2009, 02:58 PM
 
Location: Raleigh, NC
20,006 posts, read 15,177,900 times
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Jesus will return before there's an economic recovery.
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Old 10-22-2009, 03:06 PM
 
Location: SE Arizona - FINALLY! :D
18,947 posts, read 21,939,969 times
Reputation: 6538
Quote:
Originally Posted by summers73 View Post
Jesus will return before there's an economic recovery.
Well, you better get ready then.



Ken
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Old 10-22-2009, 03:07 PM
 
31,385 posts, read 31,062,067 times
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Quote:
Originally Posted by summers73 View Post
Jesus will return before there's an economic recovery.
Let the born agains tell it, Jesus's return could happen any day now.
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Old 10-22-2009, 03:13 PM
 
Location: Raleigh, NC
20,006 posts, read 15,177,900 times
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Quote:
Originally Posted by ovcatto View Post
Let the born agains tell it, Jesus's return could happen any day now.
Not a born again. Just wanted to give the "recovery" a little reality check.
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Old 10-22-2009, 03:14 PM
 
Location: Raleigh, NC
20,006 posts, read 15,177,900 times
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When I hear people claim "recovery", I look at some quotes from 1930 saying the same thing and chuckle.
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Old 10-22-2009, 03:18 PM
 
2,659 posts, read 2,505,567 times
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Quote:
Originally Posted by summers73 View Post
When I hear people claim "recovery", I look at some quotes from 1930 saying the same thing and chuckle.
That is clearly because you understand history and economics so well, lol.
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Old 10-22-2009, 03:22 PM
 
Location: Raleigh, NC
20,006 posts, read 15,177,900 times
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Originally Posted by compJockey View Post
That is clearly because you understand history and economics so well, lol.
Yeah, you're likely correct. Thank you for setting me straight. How are you doing today?
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Old 10-22-2009, 03:26 PM
 
2,659 posts, read 2,505,567 times
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Quote:
Originally Posted by summers73 View Post
Yeah, you're likely correct. Thank you for setting me straight. How are you doing today?
Great, because I enjoy hearing good news.

Are you ok though?
Seems you are part of a group of posters who HATE good news.
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Old 10-22-2009, 03:27 PM
 
Location: SE Arizona - FINALLY! :D
18,947 posts, read 21,939,969 times
Reputation: 6538
Quote:
Originally Posted by compJockey View Post
Great, because I enjoy hearing good news.

Are you ok though?
Seems you are part of a group of posters who HATE good news.
Indeed they do. Seems like they spend a LOT of time poking pins in their Obama voodoo dolls.

LOL

Ken
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