Posted by: newface_sajha August 5, 2008
US Economy: A Downward Spiral?
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Friends,

 Do you think  today's market shows some hope for the U.S  economy? the price of crude fell as low as  $118 a barrel before settling at $119.17.  NASDAQ, DOW, S&P  rose today. so looks like we are gonna have some better lives here.

With oil falling, and the Fed citing economic growth in its statement  has given hope to the consumer. I think It will definately inspire consumer to spend more.

 so SAM SARA, do you think that U.S ECONOMY  IS NOW MOVING UPWARD SPIRAL?????.

I am really otimistic now.

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