THE AMAZING POWER OF STIMULUS [Charts]

stimulus act sign

Photo: Wikimedia

People have differing opinions on  what turned the economy, spurred the markets, and bolstered confidence in early 2009.In February 2009, The American Recovery and Reinvestment Act was signed into law, and there’s no question it played a major role.

Mike Norman, Chief Economist of John Thomas Financial, has built a chartbook that shows 21 major market and economic indicators before and after the U.S. government unleashed stimulus.

“Did the stimulus work?,” Norman asks rhetorically. “Here’s unequivocal proof.”

NOTE: Thanks to Mike Norman for allowing us to feature his chartbook.

Here's a must see presentation from an exclusive conference...

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.