The US economy should begin recovering late this year??
())Bernanke>> yes, but the number of unemployed people is likely to continue growing into next year and will remain a drag on consumer and business confidence,stated in his speech on the hill. Markets did not move much after the speech was done, traded in a channel thur the close ... We believe that the market are look head of the "Stress Test" results. Also, in his speech the Chairman stated that he did not tell Bofa CEO Mr. Lewis for omit the "Stress Test" results from . . . CEO without teeth. . . The number is up to 10 from 6 banks maybe required to get additional capital to stay alflot in this ecomony environment.
