Originally Posted by rmark
"I thought a recession was defined as two consecutive quarters of negative real GDP, which we haven't had yet. Nearly everyone fears one but very few are actually predicting one."
Which is why I can't figure the 'doom and gloom' mindset. No recession yet.
Politics is my guess. If I explained more than that I would violate my personal restriction against remaining politically neutral on this board.
Feeling like Switzerland today
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.