TrendPointers' Sentiment Signals(C) Indicate That the Back-Door Recession May Be Here or It May Be Imminent, but It May
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NORTHBROOK, IL, May 20 (MARKET WIRE) --
Market observers have noted that the current investing world is often driven by
psychology and emotions, but the process will run its course and there will be
the eventual recovery. However, there is now real concern that "typical" may
not be the case, and that a fundamental and permanent change in the
financial order may be developing. Coming in the back door is the very real
prospect
of a sustained, energy price driven impact on every aspect of our financial
process and throughout the world.
TrendPointers' Sentiment Signals: Overall, economic sentiment remains
largely negative to
watchful in the business media (83%), down from (88%) last month, as stock
markets have rebounded despite weakness in some other economic indicators. The
slight improvement is also noted in the Mass Media, but the Guru Media remain
unchanged in their negative assessment of the overall economy. In addition, the
notion of a recession seems to have established itself throughout the media
andconsumer sentiment is at record lows.
The great majority (73%) of the business media sentiment is at best
uncertain or more often acknowledges that the economy is in a recession,
but this is a decline from the 91% who expressed the same views last month.
Most market observers have written 2008 off, and are projecting/hoping that
the recovery will be realized in 2009.
Back to the Backdoor. Now that the "Recession" moment has been widely
acknowledged, there is also a sigh of relief, because the anticipation
partis over, and the observers can focus on recovery speculation. But, some
observers believe this "recession" will set a new benchmark, in that there is
no typical recovery from a possibly permanent shift in energy resource
availability and its impact on food and commodity prices and corollary energy
dependent industries. In addition, the potential energy solutions are much too
far in the future for any near term help. Media sentiment across the board is
still definitely negative.
-- Guru Media Sentiment: Positive 8% vs. Negative 41%
-- Business Media Sentiment: Positive 17% vs. Negative 49%
-- Mass Media Sentiment: Positive 11% vs. Negative 44%
Announcement. TrendPointers Institutional Sentiment Report is now
availableat www.TrendPointers.com. TrendPointers, LLC is a business trend and
research
firm that investigates how the continuous flow of news and public information
influences business decisions and influences the financial markets.
Contact:
TrendPointers, LLC
Rich Spitzer
Publisher
Northbrook, IL
Tel: 877-550-1907
Copyright 2008, Market Wire, All rights reserved.
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