Financial experts say recession ends by year's end
Yahoo News
On Tuesday, Financial experts predicted that the U.S. Economy will work its way of the recession by the end of 2009. This good news was followed by their prediction that unemployment will continue to rise at least until 2010, with most experts predicting a peak of about ten percent unemployment. These same experts also made broad predictions regarding the housing market by saying that “home sales will turn around by midyear and home prices will begin recovering by the end of this year after bottoming out at 35 percent of their original value.”
With this troubling economy impacting not just the United States, but every country in the world, any news or foresight of good fortune is being taken with a grain of salt. However, with the U.S. stock markets rising some over last two to three weeks, there maybe hope for a quicker end to this recession then expected.
http://finance.yahoo.com/news/Financial-experts-say-apf-14734171.html
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