-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Stock Picks and Trade Ideas for Tuesday - BIDU, NT... » | Stock Picks and Trade Ideas for the week ahead - D... » | Stock Picks and Trade Ideas for Friday - NOVL, RFM... » | Stock Picks and Trade Ideas for Wednesday - RMBS, ... » | Stock Picks and Trade Ideas for Tuesday - CREE, GO... » | Download videos from YouTube » | Stock Picks and Trade Ideas for the week ahead - A... » | Fears of recession hit stock markets worldwide » | Stock Picks and Trade Ideas for Thursday - COGT, B... » | Stock Picks and Trade Ideas for Wednesday - HPQ, J... » 

Tuesday, December 02, 2008 

The U.S. economy is now officially in recession

The U.S. economy is now officially in recession, may be in the midst of the longest slump in the post World War II era as job losses mount and credit dries up. According to National Bureau Economic Research the economic slump began in December 2007. The last time the U.S. was in a recession was from March through November 2001. The institute uses several indicators to analyze how the U.S. economy is in recession or expansion, which differs from the classical form of a technical recession with two consecutive quarters of decline in GDP. For the NBER's economy enters into recession, every time there is a significant drop in the economic activity over a sustained period, considering the following factors: gross domestic product, employment, industrial production, sales and income. The U.S. was the first to enter recession at the end of last year, while the Euro zone and Japan started a recessionary cycle in the second quarter of this year. During this economic downturn, it is likely that some companies will face bigger hardship, and may file for bankruptcy. So, it is imperative that we are vigilant at all times and ensure that our money is safe. Be careful and trade with tight stop-losses.

AC

Bookmark and Share

Contact

About Me

    Photobucket
  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

  • Benzinga.com supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google