Posts tagged ‘recession’

Don’t Judge a GDP Report by Its Headline



From the initial estimate of first-quarter GDP to the second one released today (May 29), we moved from stagnating economic activity (0.1% rate of growth) to a contraction, a 1% decline to be exact.  This marked the first time since 2011 that the U.S. economy had a quarter of declining economic…

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Treating Economic Pessimism – Fight the Scourge of Post Crisis Relapse Disorder



Do you find yourself waking every morning, expecting to read about another U.S. recession? Do the words “economic recovery” leave you feeling anxious and apprehensive? Do you find that you prefer The Rolling Stones’ “Paint It Black” to “Oh Baby (We Got a Good Thing Going),”or The…

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