Monday, July 27, 2009

Recession Deepening?

There are widespread reports that at least some aspects of the Great Recession may be hitting bottom. Certainly if we believe Wall Street things are on the mend. The DOW is up 35% and the S&P 500 is up 40% since their lows in March. Surely this is a sign that Happy Days are at least on their way if not yet actually "Here Again."

A terrific assessment of the hoped-for end to the Recession, or is this simply a short-lived bear market rally? Read it here.

No comments: