28th
Dec
2009

On the Upswing

Posted by Admin

One of the worst economic recessions in decades has plagued the world in 2009. The year’s stock market has been marked by continued decreases in the market. Luckily, things are starting to look better as the year closes. This will always be remembered as a bad year, but the final week looks to be an improvement. This should give hope to many investors and consumers who want 2010 to be a better year. Steady improvement since March has led to an optimistic forecast for 2010.

Even though no “all clear” has been sounded for the U.S. economy, equity strategists said stocks were poised to add to recent gains this week and build a base for a solid start to 2010 as optimism about the recovery grows.

Let’s hope that the recovery is indeed right ahead of us. A decent week in the market could be just what the economy needs to really start climbing.