Those that watched the market this past week saw some pretty powerful moves, until you look under the hood, as the major indices all had close to double digit gains for the week. The Dow was the laggard of the bunch as it gained 9.7% while the biggest gainer was the S&P which gained 12%.
Yes Virginia, There Is A Recession!
As if we didn’t already know such, the current recession was made official today. The official start of the recession was December of 07 so we’ve been in it for a year now. Many economists believe the current recession will be the most severe since the 81-82 recession. It’s no wonder with the most severe