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Fed member Richard Fisher said that the US housing market may already have touched bottom.
With indications the global financial crisis had already touched bottom and
The resumption of payments may mean that a liquidity crisis has touched bottom, said Jonathan Benjamin-Alvarado, a Latin American studies professor at the University of Nebraska-Omaha.
If you were traveling slowly and you've just touched bottom lightly on sand or mud, another boater may be able to pull you off.
The Chinese economy has successfully touched bottom and has started to rebound, but this does not mean a recovery trend is assured," the research outfit said in a report carried in the official China Securities Journal.
Institute for Supply Management manufacturing index later tonight that (the global recession) has touched bottom.
The recovery from the recession of 2008-2009 continues to be a controversial topic as there are arguments asserting that the economy really has touched bottom and is on the road to rebound, just as there are arguments that assert that the economy has been severely damaged by the downturn and is not yet ready for recovery.
China's economy has touched bottom but further interest rate cuts remain an option, a Chinese central bank adviser said, according to a Reuters report.