"tentative signs the economic decline was slowing" Bernanke

Well things are starting to have a brighter streak to them lately. According to many sources including the man himself Ben Bernanke, it looks like the recession might be slowing. CNBC did a report on their web site earlier today about his announcement. That’s good news but don’t forget to still have your guard up. Just because the recession might be slowing down or even hitting bottom doesn’t mean that it is going to do a 180 right away. We could (and is what I think) drag at the bottom for awhile. It is a good feeling to know though that it is not going to get worse. Once businesses have that reassurance behind them, they are more likely to take a chance and start to spend again.