Ben Bernanke, Chairman of The Fed
You may have spotted Fed Chief Ben Bernanke on 60 Minutes Sunday. If you missed it, the top-dog in the financial world basically said that we COULD come out of this recession by the end of the year, provided banks start lending more.
Even better, Bernanke believes that we’ve passed the point where this whole economic upside down thing could turn into a depression. In his eyes, it’s going to stick as a recession (granted a real BAD recession, but only a recession).
If you’re wondering why we’re so excited about this, experts all say this is the most optimistic they’ve seen Bernanke since things went haywire in October. If he’s had the market cornered on doom and gloom and now he says there’s potential light at the end of the tunnel, that’s a good thing.
