Economic Update
By
MikeAdamson
on August 30, 2008 at 05:17 am
As I was reviewing my retirement portfolio this morning I thought I would pop in to acknowldege that the American economy has not yet met the technical definition of a recession. I am somewhat surprised and obviously chagrined with my earlier post stating that the recession was on but that’s the chance one takes when one declares early. I still don’t see a healthy trend in the numbers but it’s not unreasonable to conclude that the economy is not as weak as I feared.
That is all.
