Recession Started Dec. 2007 – as predicted – Page 6

This topic has 105 replies, 10 voices, and was last updated 14 years, 2 months ago by sunny88.

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August 10, 2009 at 1:32 PM #444014

sdduuuude
Participant

[quote=sdduuuude]The concept of a double recession is in my mind lately, with the stock market bounce, plenty of real estate shoppers, and housing starts up.

Maybe we’ll pull out of this one late 2009, flounder for a bit, then back into the hole a year later.[/quote]

This is looking more and more likely to me. Lots of bloggers out there mentioning L-shaped bottoms, double-recessions and jobless recoveries that lead to another leg down. Just as we hear official word that we pulled out of the current recession, we may already be in another one.

August 10, 2009 at 2:37 PM #443253

UCGal
Participant

[quote=sdduuuude][quote=sdduuuude]The concept of a double recession is in my mind lately, with the stock market bounce, plenty of real estate shoppers, and housing starts up.

Maybe we’ll pull out of this one late 2009, flounder for a bit, then back into the hole a year later.[/quote]

This is looking more and more likely to me. Lots of bloggers out there mentioning L-shaped bottoms, double-recessions and jobless recoveries that lead to another leg down. Just as we hear official word that we pulled out of the current recession, we may already be in another one.[/quote]

I agree – this is likely a double recession or L shaped one.

But I think you jumped the gun on saying the official word is out that the recession is over. That’s the territory of the NBER – and they won’t weigh in for a while. Officially, we’re still in it.
http://wwwdev.nber.org/cycles/cyclesmain.html

August 10, 2009 at 2:37 PM #443449

UCGal
Participant

[quote=sdduuuude][quote=sdduuuude]The concept of a double recession is in my mind lately, with the stock market bounce, plenty of real estate shoppers, and housing starts up.

Maybe we’ll pull out of this one late 2009, flounder for a bit, then back into the hole a year later.[/quote]

This is looking more and more likely to me. Lots of bloggers out there mentioning L-shaped bottoms, double-recessions and jobless recoveries that lead to another leg down. Just as we hear official word that we pulled out of the current recession, we may already be in another one.[/quote]

I agree – this is likely a double recession or L shaped one.

But I think you jumped the gun on saying the official word is out that the recession is over. That’s the territory of the NBER – and they won’t weigh in for a while. Officially, we’re still in it.
http://wwwdev.nber.org/cycles/cyclesmain.html

August 10, 2009 at 2:37 PM #443786

UCGal
Participant

[quote=sdduuuude][quote=sdduuuude]The concept of a double recession is in my mind lately, with the stock market bounce, plenty of real estate shoppers, and housing starts up.

Maybe we’ll pull out of this one late 2009, flounder for a bit, then back into the hole a year later.[/quote]

This is looking more and more likely to me. Lots of bloggers out there mentioning L-shaped bottoms, double-recessions and jobless recoveries that lead to another leg down. Just as we hear official word that we pulled out of the current recession, we may already be in another one.[/quote]

I agree – this is likely a double recession or L shaped one.

But I think you jumped the gun on saying the official word is out that the recession is over. That’s the territory of the NBER – and they won’t weigh in for a while. Officially, we’re still in it.
http://wwwdev.nber.org/cycles/cyclesmain.html

August 10, 2009 at 2:37 PM #443855

UCGal
Participant

[quote=sdduuuude][quote=sdduuuude]The concept of a double recession is in my mind lately, with the stock market bounce, plenty of real estate shoppers, and housing starts up.

Maybe we’ll pull out of this one late 2009, flounder for a bit, then back into the hole a year later.[/quote]

This is looking more and more likely to me. Lots of bloggers out there mentioning L-shaped bottoms, double-recessions and jobless recoveries that lead to another leg down. Just as we hear official word that we pulled out of the current recession, we may already be in another one.[/quote]

I agree – this is likely a double recession or L shaped one.

But I think you jumped the gun on saying the official word is out that the recession is over. That’s the territory of the NBER – and they won’t weigh in for a while. Officially, we’re still in it.
http://wwwdev.nber.org/cycles/cyclesmain.html

August 10, 2009 at 2:37 PM #444034

UCGal
Participant

[quote=sdduuuude][quote=sdduuuude]The concept of a double recession is in my mind lately, with the stock market bounce, plenty of real estate shoppers, and housing starts up.

Maybe we’ll pull out of this one late 2009, flounder for a bit, then back into the hole a year later.[/quote]

This is looking more and more likely to me. Lots of bloggers out there mentioning L-shaped bottoms, double-recessions and jobless recoveries that lead to another leg down. Just as we hear official word that we pulled out of the current recession, we may already be in another one.[/quote]

I agree – this is likely a double recession or L shaped one.

But I think you jumped the gun on saying the official word is out that the recession is over. That’s the territory of the NBER – and they won’t weigh in for a while. Officially, we’re still in it.
http://wwwdev.nber.org/cycles/cyclesmain.html

August 10, 2009 at 3:20 PM #443277

sdduuuude
Participant

My point was – by the time the NBER does announce the current one is over (i.e. not until next year), the new one may already be underway.

August 10, 2009 at 3:20 PM #443474

sdduuuude
Participant

My point was – by the time the NBER does announce the current one is over (i.e. not until next year), the new one may already be underway.

August 10, 2009 at 3:20 PM #443811

sdduuuude
Participant

My point was – by the time the NBER does announce the current one is over (i.e. not until next year), the new one may already be underway.

August 10, 2009 at 3:20 PM #443880

sdduuuude
Participant

My point was – by the time the NBER does announce the current one is over (i.e. not until next year), the new one may already be underway.

August 10, 2009 at 3:20 PM #444059

sdduuuude
Participant

My point was – by the time the NBER does announce the current one is over (i.e. not until next year), the new one may already be underway.

August 10, 2009 at 4:30 PM #443292

UCGal
Participant

[quote=sdduuuude]My point was – by the time the NBER does announce the current one is over (i.e. not until next year), the new one may already be underway.[/quote]

I agree completely!

August 10, 2009 at 4:30 PM #443489

UCGal
Participant

[quote=sdduuuude]My point was – by the time the NBER does announce the current one is over (i.e. not until next year), the new one may already be underway.[/quote]

I agree completely!

August 10, 2009 at 4:30 PM #443826

UCGal
Participant

[quote=sdduuuude]My point was – by the time the NBER does announce the current one is over (i.e. not until next year), the new one may already be underway.[/quote]

I agree completely!

August 10, 2009 at 4:30 PM #443895

UCGal
Participant

[quote=sdduuuude]My point was – by the time the NBER does announce the current one is over (i.e. not until next year), the new one may already be underway.[/quote]

I agree completely!
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