Well, I see you are spicy to see when this retreat will end, so you have indeed typed that into the hunt motor and thus, landed on this page. The respond to your query is no one knows for sure, and we cannot know until we see all the actions of the Fed, Obama supervision and a few more challenges ahead.
For instance, we have the industrial real estate markets which will throw a loop into the system, we have the reputation card debt issues to deal with, and we need to know if the government is going to nationalize the banks, and they might. The stimulus package will take time to get into the economy and circulate and the tax savings will take a bit of time too.
We must not forget that every day we see more bad news, for example let's take a look at the company news for February 24, 2009 and you can understand my point here:
Honda names new Ceo
Washington State Governor, Gary Locke (Chinese American) Rumor; Obama commerce Sec
Unemployment Riots in Ireland becoming more base (8.5% now and climbing)
0 Million Donation towards Gaza to help rebuild?
Microsoft agenda - Elevate America Stimulus - Helps people with resumes, training, etc.
Us to buy 40% of CitiGroup base Shares - rumor
North Korea has new ballistic missile; says S. Korea Intelligence
Aig might take 4th Quarter B loss - in talks with government now
Biden's house members ran Hedge Fund controlled and marketed by Stanford
Micron in Boise, Id laying off 2,000 more
Beijing construction Boom wholly stopped stimulus not working
Us Steel to lay off 600 more
Atlantic City 7,500 layoffs since 2009
Southern California Home Values now at 2002 levels on average
Saab filed bankruptcy
Harvard Endowment in crisis; frost on wages increases; 1600 offered package to leave
Harvard issues 1.5 Billion Dollars in new bonds
Lowes profits down 60%
0 investment Iceland on Dec 31, 2007 is worth today; Russia, Uk, Us, Japan
Playboy is up for sale, partnership or other changes
Green Motor Oil shows market share increase and promises
Asian Markets Down
La County Jails Might be fulfilled, says Sheriff
Jp Morgan slashing its dividend
Obama to speak primetime
These trends are not safe bet signs and although buyer and investor trust can help swing us towards recovery, there are fundamental issues that are still up in the air. So, the nearest recovery we might see would be two-quarters from now, if we see corporations posting safe bet profits and that could lead the recovery by 6-months or so. I hope this gives you something to chew on with regards to your question?
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