Financial Storm, Economic Rainbow: How Recovery Will Come to America and the Mid-South Dr. Bill Conerly For Commercial Finance Association Mid-South Chapter August 6, 2009

Strengths Consumers have cash Monetary policy stimulative Inventories will expand Housing can’t get much worse Weaknesses Housing construction won’t rebound Consumers will be moderate Credit limitations Policy uncertain

Strengths

Consumers have cash

Monetary policy stimulative

Inventories will expand

Housing can’t get much worse

Weaknesses

Housing construction won’t rebound

Consumers will be moderate

Credit limitations

Policy uncertain

Changing challenges

Questions? Bill @ ConerlyConsulting.com