Mike Shedlock does a good job interpreting the empirical / historical data to conclude there is no recovery. Not even close. And this is after trillions were thrown at the “crisis”.
Disputing the Checkmark Recovery
The guest (president of a hedge fund) says, “go to the data, go to the Federal reserve data”. His analysis leads him to conclude that the S&P 500 will be at new ALL TIME highs by the end of '11, and go higher than that.
Anyone care to make the case that a recovery is underway? I would really like to know why you think so.