Closing Bell: The recession is still over, still... do you feel it? - Jon Ogg

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Closing Bell: The recession is still over, still... do you feel it?
Nov 24, 2009 09:20 PM UTC

Jon Ogg

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Via BloggingStocks:

The GDP for Q3 showed a revision confirming that the end of the recession is still 'unofficially' official. The Case Shiller data was more mixed despite another small gain, but it has a farther look-back than most new data has been showing.

And the FOMC released its minutes from the November 3 and 4 meeting that gave low inflation forecasts, higher GDP, and even less-bad unemployment. The FDIC fund going red had no solid impact on financials today. We even had a 2% drop in the price of oil despite a small gain in gold. Here were today's unofficial index closing bell levels:

DJIA 10,433.71 (-17.24)
NASDAQ 2,169.18 (-6.83)
S&P500 1,105.66 (-0.58)

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Closing Bell: The recession is still over, still... do you feel it? originally appeared on BloggingStocks on Tue, 24 Nov 2009 16:20:00 EST. Please see our terms for use of feeds.

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