Jun
29th
Mon
29th
—Schmidt (via Reuters, AdWeek): “Reasonable to be optimistic for 2010”; U.S. jobless claims indicate “the beginning of the bottom”; “If people are concerned Americans will stop spending, you do not understand the American psyche”; “It’s shocked me that Americans started to save. My guess is that’s a temporary phenomenon.”
—Ballmer (via Guardian, ClickZ): “I don’t think we are in a recession, I think we have reset”; “We have reset and won’t rebound and re-grow”; “I’m sort of prepared for us to trundle along for a while before we begin (to re-grow)”
