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Dave Rosenberg 12/01/2009 How Can the Recession Be Over?
HOW CAN THE RECESSION BE OVER? There are four items that go into the NBER recession call: 1. Employment 2. Real personal income excluding government transfers 3. Industrial production 4. Real sales 3 of the 4 economic indicators that the NBER uses to access business cycles are still in decline
Submitted by
tschuma417
12/1/2009
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tschuma417
12/1/2009
tschuma417 is playing it
IWM
Short
10.25%
SDS
Long
8.72%
SPY
Short
0.92%
I am playing this headline with (SPY SDS IWM) because HOW CAN THIS NOT BE A DEPRESSION? One in every eight Americans … •With a mortgage are either in arrears or in the foreclosure process •Are unemployed or underemployed •Are on a food stamp program
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