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Title: It Looks Like This Recovery Is Already Over
Source:
businessinsider.com
URL Source: http://www.businessinsider.com/it-l ... overy-is-all-ready-over-2010-7
Published: Jul 28, 2010
Author: Gregory White
Post Date: 2010-07-28 16:16:20 by WhiteSands
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Keywords: Economy, Recovery
Views: 872
Comments: 1
Argonaut Capital (via Market Folly) have released their May 2010 investor letter and it points to a depressing reality about the state of the U.S. recovery. That recovery appears to have already topped out, as of Q4 2009. With stimulus funding in decline, we've already seen a fall in Q1 2010. Their projections have that number continuing to fall through 2010. From Argonaut Capital (via Market Folly): 
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#1. To: WhiteSands (#0)
I definitely agree with this. From my perspective, the economy started to tank in October 2007. I started to see a major pick up this April. It lasted through June. It's getting bad again.
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