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Is the Recession Ending?

Published: 4/9/2009 1:07:53 PM

With the stock markets rising significantly off of their March lows and initial signs of the US economy beginning to stabilize, are we seeing some light at the end of the tunnel? Is the freefall economic contraction beginning to abate?

I believe so, though I am not so optimistic as to believe that we are out of the woods yet. Real estate/banking recessions tend to take much longer to work through. Although the current recession is significantly longer than average recession length, I believe that we still have some ways to go before achieving stable GDP output.

My best guess is that the economy will bottom in Q2 to Q3 of this year. It will then begin a slow build from that point.

Cheers,

Don Jones

VentureDeal

 

Don Jones
CEO, VentureDeal

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