So 13 days ago I pronounced the recession over with THIS POST! "The Finanical Recession is Over. But a Recession of the Mind Remains and Lingers."
I followed up the next day with THIS POST. "Champions and Challengers."
So I was VERY CLEAR about where I thought we were/are.
Not all were on board.
Then this week something happened. Bernanke repeated what I had said just 10 days later. Did he call me?? Now make no mistake about it, the PAIN is FAR from over. But we are at the bottom or soon will be. This summer IS the bottom and when the fall business heats up, we are off and running and the BULLS are finally loose on Main Street and not just the stock market.
So let me try again.
The Financial Recession is Over. But a Recession of the Mind Remains and Lingers. That's a GUT call. It was then supported by folks that are "Experts" just days later. Gut can trump all. Gut allows you to react before the facts unfold. That is called opportunity and opportunity is the key ingredient to making money and having a success.
Have a GREAT Day!