Seven reasons to feel optimistic about the economy - October 4, 2009
Smart Money magazine (www.smartmoney.com) recently published its “7 Pieces of Good News About the Economy” — to read the entire article, click here. In the meantime, here’s a brief view of their list:
(1) Ben Bernanke says near-term growth prospects are good
(2) Inflation is still low
(3) Mergers and acquisitions are ramping up
(4) Bellwether GM is building more cars
(5) Industrial production (and inventories) is picking up
(6) Signs of growth in several regional pockets
(7) Consumer net worth is improving, and spending rose a bit in August