No Bottom and No Net (Financial VIEWS: Fall 2009‪)‬

Commentary The economy has begun to show signs that it is stabilizing, with the rate of decline slowing for a number of economic indicators. Despite this improvement, significant concern remains that the recovery may falter unless the housing market and employment scene begin to show more strength. Employment is particularly important to consumers, as they remain on the sidelines and thus temper the upside potential of the economy.