The recession is over, proclaims NBER. A bikini of a statistics really. Household welath still down by $12 trillion, estimated foreclosures close to 7 million, pompous US consumers conspicuous by their absence, as savings head up so does unemployment. Whose recession is it anyway?
I have been an avid blogger. However, regulatory requirements, post my new assignment, has resulted in me taking a break. Wait till I am back.