22 Jun '13, 11am

I Stated the The Recession Was Over on June 9th! Now Even Bernanke Agrees.

I Stated the The Recession Was Over on June 9th! Now Even Bernanke Agrees.

So 13 days ago I pronounced the recession over with THIS POST! "The Finanical Recession is Over. But a Recession of the Mind Remains and Lingers." I followed up the next day with THIS POST . "Champions and Challengers." So I was VERY CLEAR about where I thought we were/are. Not all were on board. Then this week something happened. Bernanke repeated what I had said just 10 days later. Did he call me?? Now make no mistake about it, the PAIN is FAR from over. But we are at the bottom or soon will be. This summer IS the bottom and when the fall business heats up, we are off and running and the BULLS are finally loose on Main Street and not just the stock market. So let me try again. The Financial Recession is Over. But a Recession of the Mind Remains and Lingers. That's a GUT call. It was then supported by folks that are "Experts" just days later. Gut can trump all. Gut allows...

Full article: http://www.ricksblog.com/2013/06/i-stated-the-the-recessi...

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ricksblog.com 24 Jun '13, 11am

Look from 2008-2013 and you will find that this has been the first set of posts I have talked about a recovery and the rec...