Turning around? You are joking, yes?
The recent uptick in the market was based mostly on fraud (again), the rules being changed to allow the banks to value the bad paper at face value. We have had a huge upsurge last month in PRIME defaults, the unemployment rate continues to be horrendous, the commercial morgages are starting to fail, the CC industry is on the ropes, a new wave of ALT_ARM resets is coming soon, we have a defiect equivalent to the entire GNP, our medicare liability is twice the entire value of every piece of land, buildings and personal property in America, We are printing money like mad, and we are starting the retirement of boomers with no job, a 201K, underwater in the morgage, a huge debt load on personal goods, and no savings.
This thing has a long way to go yet, and a lot further down to slide. JMHO