Coming To An End?

April 29th, 2009

There have been reports for two months that the recession is waning.

U.S. consumer confidence posted its biggest jump in more than three years in April while the slump in home prices showed signs of slowing in February, adding to hopes that the recession may be waning.

Revisionist accounting will tell us, in six months, that the recession ended when President Obama was elected. Wanna bet?

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