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Baraka_Guru · 10-01-2009, 07:16 PM

The Canadian economy stalled in July, after a modest growth of 0.1 percent in June. Growth was expected to happen, so it seems the recovery is a bit more shaky than what people were hoping for. Well, with a 50%-some-odd drop in stocks over such a short period, what should we expect? If the recession is indeed over, maybe we should be expecting a bit of a trough for a while.

It's interesting though, because stocks have been rallying. I think at this point they've recovered about 50% back to the peak.

10-01-2009, 07:16 PM	#25 (permalink)
Baraka_Guru warrior bodhisattva Super Moderator Location: East-central Canada	The Canadian economy stalled in July, after a modest growth of 0.1 percent in June. Growth was expected to happen, so it seems the recovery is a bit more shaky than what people were hoping for. Well, with a 50%-some-odd drop in stocks over such a short period, what should we expect? If the recession is indeed over, maybe we should be expecting a bit of a trough for a while. It's interesting though, because stocks have been rallying. I think at this point they've recovered about 50% back to the peak. __________________ Knowing that death is certain and that the time of death is uncertain, what's the most important thing? —Bhikkhuni Pema Chödrön Humankind cannot bear very much reality. —From "Burnt Norton," Four Quartets (1936), T. S. Eliot