Coming out of the recession?

Over the week-end we heard a lot of economists from various nations say that we are coming out of the recession. I guess that is a good thing but I am a bit confused, soon as the U.S., France, Germany and now Japan has disclosed this lukewarm good news the markets around the globe have plummeted today. If this is good news I think I'd rather have our economic leaders say nothing at all! In all seriousness, I am relieved that the numbers are starting to show some promise but there is one number that is not pointing up and that is consumer confidence. consumers still remain skittish to say the least and households in the U.S. are far from becoming buy happy despite the enticements of their favorite retailers. Here is the advice I would give consumers all over the globe; save your money and cut back your spending especially if you are unemployed or underemployed. It does not make sense to your bottom line to go out there and spend what you do not have. The market is starting to right itself and there is no need for you to help it along. Stay the course of reduced spending and pay down your debt if you can and pay cash for the item you need not the one you want. As for those of you who still have income coming in whether it is through a job or your own business let's be prudent with our income, our investments and our business operations. Remember, the progression to wealth does not always happen over night, in fact it is a slow and steady process for most of us and the key to this growth is wisdom. Beware of greed and of excess, these two wild cards will eat up your wealth before you can say Enron. I would like to hear from you and what are some of the things you are doing to put your finances back in the black?