For everyone that has been living in a cave for the last 6 months or simply failed to notice the daily play by play stockmarket updates: it is OFFICIAL.
We are now in a recession.
If the NY Times says it, it must be true. Apparently we’ve been in recession for a year now.
Of course it does not help that every time the DOW increases, traders rush to sell, to snatch the profits they feel they’ve ripped from the maw of the beast.
Also, it’s apparently not business owners’ problems that their businesses are failing. It’s the unknowable economy!!
