Bernanke: Recession may end in '09; Stocks climb

[I AM NOT THAT GUY 5,715]

NEW YORK (AP) - Federal Reserve Chairman Ben Bernanke has steadied Wall Street by telling Congress the recession could end this year.

In his semiannual report to the Senate Banking Committee, Bernanke predicts the economy is likely to keep contracting in the first six months of 2009. But he also says "there is a reasonable prospect" the recession will end this year. He warns that a recovery will require getting credit and financial markets to operate normally.

The market is up a day after another sharp drop in stocks that left the Dow Jones industrial average and the Standard & Poor's 500 index near 12-year lows. In midday trading, the Dow is up 74 points at 7,189. The S&P 500 index is up 10 at 753 and the Nasdaq composite index is up 20 at 1,407.

http://apnews.myway.com/article/20090224/D96I2KCG1.html

[spookyturtle 9,465]

NEW YORK (AP) - Federal Reserve Chairman Ben Bernanke has steadied Wall Street by telling Congress the recession could end this year.

In his semiannual report to the Senate Banking Committee, Bernanke predicts the economy is likely to keep contracting in the first six months of 2009. But he also says "there is a reasonable prospect" the recession will end this year. He warns that a recovery will require getting credit and financial markets to operate normally.

The market is up a day after another sharp drop in stocks that left the Dow Jones industrial average and the Standard & Poor's 500 index near 12-year lows. In midday trading, the Dow is up 74 points at 7,189. The S&P 500 index is up 10 at 753 and the Nasdaq composite index is up 20 at 1,407.

http://apnews.myway.com/article/20090224/D96I2KCG1.html

So now Obama is great. Make up your mind whose side you are on. Are you for the US or against it?

[mkg265 2]

Excellent!!! Bernanke is no Greenspan but he has his good points.

[alienlovechild 75]

So now Obama is great. Make up your mind whose side you are on. Are you for the US or against it?

Stocks will rise as sure as the sun rises and I'm also sure Obama the Great will claim credit. It's a question of when that will happen.

[Ban Hammer 13,337]

So now Obama is great. Make up your mind whose side you are on. Are you for the US or against it?

in summary, one who thinks obama isn't great is against the US?

[HAL 9000 96]

So now Obama is great. Make up your mind whose side you are on. Are you for the US or against it?

in summary, one who thinks obama isn't great is against the US?

no

[I AM NOT THAT GUY 5,715]

NEW YORK (AP) - Federal Reserve Chairman Ben Bernanke has steadied Wall Street by telling Congress the recession could end this year.

In his semiannual report to the Senate Banking Committee, Bernanke predicts the economy is likely to keep contracting in the first six months of 2009. But he also says "there is a reasonable prospect" the recession will end this year. He warns that a recovery will require getting credit and financial markets to operate normally.

The market is up a day after another sharp drop in stocks that left the Dow Jones industrial average and the Standard & Poor's 500 index near 12-year lows. In midday trading, the Dow is up 74 points at 7,189. The S&P 500 index is up 10 at 753 and the Nasdaq composite index is up 20 at 1,407.

http://apnews.myway.com/article/20090224/D96I2KCG1.html

So now Obama is

irrelavent

. Make up your mind whose side you are on. Are you for the US or against it?