The Online Investing AI Blog

Frozen Economy by lrargerich @ Flickr

The Fed’s Beige Book business survey, which reported that the economy is improving “modestly” the last few weeks. (You can read a report on the Beige Book at Forbes.)

The survey looks at economic condition in 12 markets. A total of eight of those markets are starting to show signs of increased economic activity.

That’s a little silver lining. The report also indicates that hiring remains weak and may not reach past levels in six to eight years.

That’s right: six to eight YEARS.

“But wait,” I hear you say, “I thought you said there was a silver lining. People losing their jobs and struggling to find work isn’t good news.”

You’re right. It’s not good news. At all. But, bear with me, because there is positive news in this trend.

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Business Strategy, Money, Online Investing AI, Success, US Economy beige book, economy, fed, job, jobs, reserve, unemployment, work

“The recession is very likely over at this point”–
Ben Bernanke

Ben Bernanke is pronouncing us out of the recession woods. He isn’t the only one. Obama administration members are saying they see the light at the end of the tunnel.

There are economic signs that normalcy is returning, too. Job loss is slowing down. Consumers are returning (sorta). And confidence is rebounding.

But, not everyone is so sure. A number of financial experts are saying that for the amount of stimulus, we should be rapidly pulling out of the recession. But, we’re still limping.

The dollar, as the chart shows, is declining. The worse may be far from over on this recent slide, according to one financial blog.

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Investing, Money, Online Investing AI, US Economy ben bernanke, dollar, fed, federal reserve board, trading