Jill Schlesinger gives us an excellent article, it is a must you cannot allow to miss its reading:
Are We Headed for Another Recession?
Is this the beginning of another recession? The truth is: It doesn’t
matter. No matter what we call it, the economy stinks right now.
I know we haven’t qualified as being in a recession based on the two
ways that it’s usually defined: (1) the rule of thumb method, which is
two consecutive quarters of contraction in GDP or (2) the official
way-the National Bureau of Economic Research (NBER) has not declared that the economy has experienced “a significant decline in activity.”
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Showing posts with label CBS Money Wattch. Show all posts
Showing posts with label CBS Money Wattch. Show all posts
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