Tuesday, April 27, 2010

Not getting any worse

An AP story relates how the parked car is starting to move again.

The shift, which Jefferies restaurant analyst Jeff Farmer calls a "slow grind," began in late January and is gaining steam.

"They're not necessarily seeing the light at the end of the tunnel, but there's a realization that things aren't going to get any worse than they are right now," Farmer said.

Small Business groups are petitioning the Fed not to raise interest rates, so things are definitely not getting worse