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Post# of 275618
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Rawnoc

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Rawnoc

Re: Wizard post# 212579

Thursday, 10/22/2009 12:26:12 AM

Thursday, October 22, 2009 12:26:12 AM

Post# of 275618
Wrong again -- the NBER average length of time for backdate determining the end of a recession is around 18 months if my memory is correct. The only thing you can therefore conclude is that the recession didn't end 18 months ago.

Just like the obvious Dow 10K for 2009, it's equally obvious that the recession ended in 2009.
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