Federal Reserve Chairman: Recession 'Likely Over'

Hope that quote doesn't join these! http://vcurious.livejournal.com/37126.html

Yeah....this reminds me of his comments before the crash...

It's such a meaningless comment that I'm surprised it's getting media attention. If the economy grew by .001% from this point on and took a hundred more years to fully recover he'd still be right. So "the recession is likely over" literally means next to nothing in regards to recovery (which is what everyone really wants to know about)

"Recovery" meaning... returning to an unnatural "boom" time funded by housing debt equity?

Consumer spending outpaced wage growth, while the real cost of living increased. This was paid for by the housing bubble.

That's a bad sign!

It's not really a sign at all; they always say that the economy is either improving or stable.

If that's the reality of it, then damn, we averted that one... but by the skin of our teeth.

Whew. Last chance to buy stock, while the economy is still 'on sale'!

If it's really over, I'd bet on real estate vs. stocks.

I've heard that Google is hiring again. So, maybe it's actually true this time.

The Barclay's Bank office down the road from me is hiring again. Let's all start leafing through those luxury yacht catalogues... !