Posts Tagged ‘Recession and/or Depression’

ABC News: “The Recession is Almost Over”

I kid you not.  According to ABC News:

There is a growing belief among financial experts that the recession is over.

Barry Knapp, a strategist at Barclays Capital, wrote recently that the economy appears “to be in the sweet spot of a recovery” and that the recession may have ended last month, according to Bloomberg News.

Liz Ann Sonders, chief investment strategist at Charles Schwab, said on “Good Morning America” today that she agrees with that conclusion

So far, there are a little over 200 comments to this story.  Most of them do not agree with the sentiments in the report.  I think it’s fair to count me in with those who do not agree.

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