This is very easy news to believe. Things are still pretty rough out there.
From the link:
Federal Reserve policymakers, acknowledging a slowing in the economic recovery at their meeting in late June, began to consider the possibility of providing additional stimulus if growth fell sharply — a possibility that has become all the more real as signs of weakness have piled up.
A stalling economic recovery weening firms off debt by as they increase their cash reserves has a bright spot. http://euandus3.wordpress.com/2010/08/02/1039/
Comment by The Worden Report — August 2, 2010 @ 10:18 am