A short concise view of where the economy is headed
After listening to economists and experts conjecture about the direction of the economy, a humorous summary is as follows:
What we have here is a continuing, but slowing, upward drive on the downside - which is better than a downward thrust on the upside, or even a sideways move on a U-shaped trough.
But, as the downside bottoms out, the resulting flat side of the up curve will strengthen any sideways movement still apparent in the recovery.
However, if the overshoot of incline produces a rising, but negative, slowdown in acceleration of the leading indicators, the resulting outflow could mean additional pressure from all sides of a circular demand curve.
taken from Realtrends.com

1 comment:
That's so funny, Stacee! The double talk we see from economists are about as bad as we see from politicians. Keep up the good work and great blog posts!
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