Is The Recession Over? My Sound Investing Interview
Paul Merriman and Tom Cock led off with the recession question in their Sept. 18 interview. The Bill Conerly interview starts in the 8th minute (no stoppage time).
One listener asked me to elaborate on my brief remark about the reappointment of the Federal Reserve chairman. More details are in this blog post about Ben Bernanke.
Comments
Well according to This questionnaire
USA is the last country in the world, which will come out of recession. Apparently it is based solely on people’s opinions, but the fact, that basically 75% of 100% USA citizens think, that recession is not over yet and 17% of them think, that it will not even be over until 2-3 years, is not realistic. I have no idea, whether people have serious financial problems or they just don’t think realistically.