Morning Market Roundup (7/26/2012)
Subject: Ten Ways You’ll Know The Recession Is Over
When Gallup asked people about the state of the economy this spring, as a recovery appeared to have taken hold, the polling company found “nearly half of Americans, 46%, still say the economy is in either a recession or a depression.” Only 40% said they thought a recovery was underway. By the strictest measurements of economic data, economists said the Great Recession had ended. For a very large number of Main Street Americans, that opinion means nothing. Here are ten ways you will know the recession is over.
As always, here are the top major media headline summaries from WSJ, FT, Bloomberg, and more. Today’s top analyst upgrades and downgrades were in shares of MO, AVP, CAT, GMO, IGT, LO, MRVL, TFM, TSCO, WFT, WLP and ZNGA. The most important financial news affecting the markets today.
All real estate problems are local, as a study of first half foreclosures shows.
Have a great day!
JON C. OGG
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