Wednesday, January 23, 2008

Dow Roars Back +299 Points-- Recession Will Have To Wait

The Dow Jones roared back today - Up +2.5%

The New York Times-led recession will have to wait.

UPDATE: The General Accounting Office predicted today that the US economy is unlikely to sink into an election-year recession and an economic rebound could begin as early as next year.

Publius Pundit takes a look at the global reaction to the US economic woes.