Replies to post #2413 on Ask Vendit Off Topic Questions

[Vendit]

I have a general question for ya!

A recession is defined by two consecutive quarters of negative economic growth right? We have not even had one negative growth quarter that I am aware of.

So what are we in and why?

<g>


Reid

[dayniteshadow]

<just been 2.7 months>

CNBC produced a new financial historian who has compliled a data base going back to 1800's. Point being a lot of the prognostications concerning fed easing are not in harmony with those done the year after an election. Sorry do not remeber the researchers name. Researcher's results were the markets do not respond as positively or positvely in the year after election scenario. FWIW