Is This a Recession? Wrong Question. [View article]
Piggybank, I'm sure where you live, in Underyourrockville, all that you wrote makes sense. I think the author's America-centricity can be explained by the fact that he was writing about the USA.
Corporate profits (as per S&P) are down 4 quarters in a row--in the USA. Over here, we don't consider that fairly good--and that hasn't happened outside of a recession. Meredith Whitney is on, gotta go.
Is This a Recession? Wrong Question. [View article]
Corporate profits (as per S&P) are down 4 quarters in a row--in the USA. Over here, we don't consider that fairly good--and that hasn't happened outside of a recession. Meredith Whitney is on, gotta go.
Crunching the Numbers: It's Not a Recession [View article]
Let's blame it on all on Obama--even if he hasn't been elected yet.
Ways to Win a Recession-Predicting Contest [View article]
They Call This a Bear Market? [View article]
I say it drops through 1270 this time with the added weight of bad earnings and the recession that few have really accounted for.