Reccession will be Over (2/7/08)
On Thursday, Richard Russell from Dow Theory, noted that the cover of the latest issue of BusinessWeek has recession all over it. The magazine-cover indicator says if an idea is popular enough to make the cover of a national magazine, it's either over already or it's not going to happen. This sounds a little flimsy, but it's not to be taken lightly, especially when it comes to the big, overarching trends.
People will see that the recession will be over in March. Another reason, it is a political voting year. Politicians are doing all that they can to stimulate the economy to get it out of the reccession.
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Assigned to category: Politics and the Economy
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