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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Mike Buckley who wrote (39064)2/7/2001 7:09:31 PM
From: Jim Pasinato  Read Replies (1) of 54805
 
Hi Mike,

According to the National Bureau of Economic Research, we have had 7 recessions since 1945 averaging about 11 months in duration:

nber.org

Note that they do not define a recession as 2 consecutive quarters of negative GDP, but as a "period of significant decline in total output, income, employment, and trade" etc.

Thanks to all for continued informative discussions. They have really helped me as an investor. I'll definitely follow you to the "bomb shelter" if needed.

Regards,
Jim
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