What Will Signal, For Most, The Official End of The Downturn

[bijanc]

Housing sales and credit markets are up. Retail sale prices fell for the first time since 1955. Citigroup, Bank of America and G.E. had surprising positive quarters. The Dow hasn't dipped significantly since March (has gained six straight weeks- though admittedly after a huge collapse). These are just gasps, but what would signal an abating of the recession that media or government would deem a certain rebound?

[gm]

536 resignations, effective immediately.

[dukehjsteve]

When my paper losses decrease so that I am back to at least 85 % of where I was 1 1/2 years ago.

[tandfman]

Re: What Will Signal, For Most, The Official End of The Down

what would signal an abating of the recession that media or government would deem a certain rebound?

It doesn't matter what the media or the government think. They've gotten a lot of this stuff wrong lately. Unfortunately, I don't see the end to this so-called recession any time soon. I continue to fear that we are only at the beginning of Great Depression II.

[bad hammy]

Unemployment in California is now the highest since 1941.

[lonewolf]

My personal recession will abate when the well head price of crude oil gets back over $100/bbl

[DrJay]

US finishes both 4x100s......

[Daisy]

When Sarah Palin is President and we get some decent tax cuts.

[Bruce Kritzler]

When Sarah Palin is President

So, "when hell freezes over"?

[SQUACKEE]

Dow over 11,000 and gas 5 dollars a gallon.

[JRM]

Re: What Will Signal, For Most, The Official End of The Down

Housing sales and credit markets are up.

Housing is far from recovering -- year-over-year stats still point to a huge decline. The "sales" statistic is frequently misleading and taken out of context. The biggest economic crisis since the Great Depression is not going to end in the span of a few months.

[bijanc]

Housing Starts

...my question wasn't about what can't be reversed in a few months, but what the telltale signs would be that things are incontrovertibly headed in the "other" direction. Signals of a recovery, such as one would (in analogy) look for in a failing college football program, a sick relative, or a neighborhood that was experiencing hard times.

[TrackDaddy]

When the people on Fox News start scrambling to find reasons other than Obama for why things have improved.

Its nice to have an objective news source.

[TrackDaddy]

When Sarah Palin is President and we get some decent tax cuts.

:lol:

My apologies if you were serious.

[TrackDaddy]

When Sarah Palin is President

So, "when hell freezes over"?

I don't know...

Repeating the previous 8 years is one approach.