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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (6448)	10/4/2011 3:52:17 PM
From: joefromspringfield	1 Recommendation Read Replies (1) \| Respond to of 10065

Kirk as you pointed out it is the National Bureau of Economic Research NBER that identifies start and end dates of recessions. Bob Brinker went on his no recession rant in May 2008. The NBER later declared that the recession started in December 2007. So Brinker was saying we weren't going into a recession when we already were in one. bobbrinkerfanclub.blogspot.com RECESSION CASSANDRAS.... Brinker said: “What we have right in here now is evidence that the Cassandras, who earlier this year, were telling us we were in recession – right now they’ve basically – well I’ll be kind, basically, they look like fools right now. Because all that they’ve accomplished with their talk about recession…………all that they have to show for their efforts is that they scared the people who listened to them out of the stock market this past winter……….”