Is It Time for the U.S. to Remove Fiscal/Monetary Stimulus?

Filed under: Forecasts, Recession

New York Times (NYT) Columnist Paul Krugman, among others, has pointed out that it's way too early to think in terms of ending fiscal/stimulus. The economic expansion has barely begun -- let alone achieved self-sustaining status -- and the premature withdrawal of stimulus increases the likelihood of a double-dip recession, Krugman said.

Further, the view from here argues that investors need to keep in mind that U.S. economic fundamentals have not placed the economy on a steady-growth track -- not yet. What we have is one quarter (Q3 2009) of GDP growth. That's it.

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Is It Time for the U.S. to Remove Fiscal/Monetary Stimulus? originally appeared on BloggingStocks on Tue, 05 Jan 2010 18:30:00 EST. Please see our terms for use of feeds.

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