0% Seriously, 0% on an opinion poll.

According to ARG, exactly 0% of Americans think the economy is getting better. 82% think it is getting worse.

I don’t recall ever seeing 0% on a poll - of anything. Zero percent.

3 Responses to “0% Seriously, 0% on an opinion poll.”

  1. Leo Brown Says:

    Every trading day the stock market is a poll. There are always buyers and sellers. As I write this, the market is down 3%, as measured by the Dow. Have we reached the bottom? The market is not sure. How long will the expected recession last, and how deep will it be? The market is not sure. Senator Bennett thinks six months. I think that is the best case scenario. The bulls have been shaken, but $700 billion is calming them somewhat. What is clear is that the fundamentals weren’t all that great, despite what we were repeatedly told. It will take some time to recover from all this. The bad assets will have to be sold off. The federal bail out is to make sure they are sold off in a more orderly manner and not all at once. Meanwhile, the bad stuff from Wall Street will ripple through Main Street. Unemployment will rise. Times will be tough for a lot of people.

  2. Glenden Brown Says:

    Le0 - to be honest, I’m scared at how bad things can get. This doesn’t feel like a normal recession. We have a major speculative bubble bursting, companies that survived the Great Depression folding and our financial system teetering on the verge of out and out collapse. If I’m reading correctly, we may be caught in a liquidity trap. It’s not pretty.

  3. cav, an anon's anon Says:

    I predict it won’t go below zero.

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