Jul 17
The recession is supposed to be behind us. Yet, it doesn’t quite feel like we a re in a recovery just yet, does it? I remember stagflation, that odd mix of unemployment and inflation, this sure isn’t it. Whatever we are in, we need to get out. Soon.
Joe
July 17th, 2010 at 2:20 pm
Hi Joe – I think we are in a very healthy recovery. Everything seems to be rocking (tracking, restaurants, and even the markets despite Friday’s collapse).
I’m very optimistic.
Best,
Sam
July 20th, 2010 at 1:01 am
Although there are definitely some signs of improvement, there are also some real concerns. For example, without the government crutch, will housing truly rebound? For the first time in 2 years, the housing market is on its own. Employment still hasn’t recovered either. There are other impediments that are financially concerning as well.Time will truly tell, but until I know for sure. I’m extra cautious.