The Recession Was Brought to You by the Letter…

C! As in Citigroup. Since General Motors is going bankrupters, it could get dropped from the Dow Jones Index, along with, possibly, Citibank – “C” in stock symbol-speak.

You may also have noticed plenty of…

L! I personally like this letter, am a big fan, except when it comes to recessions, for which “L” is the “shape” many economists have described for how our economy is going to trend through this recession.

Or V! As in, a steep tumble and a steep rise out of the recession, possibly later this year. To be followed by, some predict, a “double dip,” which means the letter…

Signs of the Recovery?

Spring is here, the sun is shining – and some days it feels like the dark days of the recession are over. A spate of headlines in the past few days indicated some are ready to call it a day on the recession:

Central Bankers See Turning Point Near – Wall Street Journal, May 12, 2009
Is the worst of the economic downturn over? – CNN.com, May 11, 2009
Recession ‘could be over by August’ says OECD as housing market perks up – The Daily Mail, May 12, 2009
Has the recession bottomed out? – BBC, May 12, 2009

But what are the economists saying? The bears, as usual, are still being bears. Everyone else is being erratic…