The National Bureau of Economic Research announced today that
December 2007 marked the end of a 73 month expansion in the U.S.
economy and the beginning of a recession. FYI.. So - a
year later - it was declared ---- as economists are a bit slow [to
collect their data].
those people sucks, announce recession after mkt down nearly 50%
and a year later? and now mkt is near key support after historic
best 5 day up in 35 years. Hmm, what do they want this time?
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CNBC Alert
Posted by cdjd on 1st of Dec 2008 at 12:15 pm
we are officially in a recession!
really...who would have thunk it?!?
Posted by doctormike on 1st of Dec 2008 at 12:25 pm
really...who would have thunk it?!? LOL CNBC=noise...and I cant stand Dennis Kneal...what a d-bag!
DocM
CNBC has been saying recession
Posted by cdjd on 1st of Dec 2008 at 12:32 pm
CNBC has been saying recession for a month or so
the official part of today is a government agency I believe. What do they know?
Yeah the NBER....CNBC still =
Posted by doctormike on 1st of Dec 2008 at 12:46 pm
Yeah the NBER....CNBC still = noise.
DocM
GOVT Recession Announcement
Posted by pki on 1st of Dec 2008 at 12:44 pm
The National Bureau of Economic Research announced today that December 2007 marked the end of a 73 month expansion in the U.S. economy and the beginning of a recession. FYI.. So - a year later - it was declared ---- as economists are a bit slow [to collect their data].
dennis kneal
Posted by glennsexton on 1st of Dec 2008 at 12:27 pm
Hid daddy must own alot of GE stock
those people sucks, announce recession
Posted by yawang36 on 1st of Dec 2008 at 12:24 pm
those people sucks, announce recession after mkt down nearly 50% and a year later? and now mkt is near key support after historic best 5 day up in 35 years. Hmm, what do they want this time?