While the ultimate pace of the economic rebound continues to be debated, GDP in the fourth quarter rose 5.7% (expectations were for growth of 4.6%), which was the fastest pace in six years. Granted, this growth follows an even bigger decline of 6.4% in the first quarter of 2009, but at least it's a start. Judging by the performance of equities in the fourth quarter, and the earnings reports we've seen so far, we already knew the fourth quarter was strong, the big question is whether or not this growth will continue in Q1. Based on what we've seen so far in terms of guidance, companies seem to have a positive outlook.
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I believe one key area is 1080 as shown on the chart below.
http://bit.ly/c0K9pq
Posted by: Speculation | January 29, 2010 at 10:14 AM
Most economists don't expect the economy to grow quite as much in coming quarters, but they aren't forecasting a double-dip recession, either. Most see growth in the 2% to 3.5% range. The adjustment in inventories could add to growth for several more quarters.
Posted by: cheap stock trading | March 31, 2010 at 11:06 AM
The big question confronting policymakers, investors, consumers and economists is whether the economy will be able stand on its own as the federal government's stimulus begins to wane.
Posted by: penny stocks to watch | March 31, 2010 at 11:08 AM