One of the best pieces I’ve read in the past month regarding the economy and how it is really doing. As you know I’m not one to make predictions and I don’t forecast recessions, if we have one we have one. However, I’ve felt that the media, the politicians, and many economists have been trying to create a recession. They may be right, we might be heading toward a recession, but the traditional indicators aren’t there and I feel we are being played. This article does a great job of explaining our current economy and why it is so different than that of the Great Depression and the 1970’s. I encourage all of you to click the link and read it, even if you disagree.
Scott Dauenhauer, CFP, MSFP, AIF