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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (276635)	9/17/2010 2:47:39 PM
From: Valuepro	Respond to of 306849

"Typically at this time, we would have corrected and be in recession." I think you meant "...and be in recovery", didn't you? Yes, typically by this time we would be in recovery. HOWEVER, this has not been a typical recession, right! Has it not been the worst ever? If so, why would anyone look to a typical time frame to be out of recession and speeding into recovery? The fact is, the time required to recover is related to the depth of the recession. Therefore, and in this case, recovery is likely to be the longest on record. All the complaining and conspiracy theories as be scape along the bottom will not change that. Recovery will come, if it hasn't begun already (and I think it has). Look to corporate earning for the evidence. Earnings are up and that has to happen before employment can rises. Once that happens, recovery will have been well underway for many months.