I think the market got a little bit ahead of the economy. I do not think the recovery is faltering. If you look at the projections that were made in December of last year, we’re right on track.
—James Bullard, President, Fed Bank of St. Louis

all the big negatives for the economy are becoming much less negative
—Mark Zandi

Things are bottoming out, and they are even coming back in some sectors…I’d mention the automotive sector [as one area that is starting to recover]
—Klaus Kleinfeld, CEO of Alcoa, Bloomberg Television interview on July 7.