Open Thread

May 2nd, 2008 10:15 AM

For general discussion and debate. Possible talking point: Is the worst of this economic slowdown behind us?

In case you hadn't noticed, there's been a good deal of positive economic news lately, especially today's jobs number and factory orders report. Stocks appear to have bottomed, ditto the dollar, ditto the S&P financial index. Oil, grains, and precious metals have been softening while credit spreads tighten.

Despite the negativity of Democrat politicians and their media minions, are you starting to feel that we're closer to an economic bottom than the top, and that things might be a whole lot better before they get any worse?

Or, is this all a head-fake, and there's much more bad economic news looming on the horizon?