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ING Groep N.V. Message Board

  • jpomper jpomper Dec 7, 2011 3:02 AM Flag

    The financical crisis is over

    Hooooray !

    "Two years after Warren Buffett declared the Great Recession "over" -- and just a little more than a year after the National Bureau of Economic Research made it official -- investors are finally getting comfortable returning to the market.

    The Dow Jones Industrial Average (INDEX: ^DJI ) , while still pretty erratic, seems intent on ending the year with a small gain, for one thing. For another, Citigroup-nag Meredith Whitney appears to have been wrong in predicting "hundreds of billions" worth of defaults by U.S. state, county, and local governments.

    To top it all off, yesterday, one big investor argued that it's finally safe for investors to venture back into the market."

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