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Is There a Recession?
The big news this morning is that we no longer know what a recession is. This is such a vast and complicated question you might as well be asking, what is the meaning of life? I remember in the days of republican presidents, we had a very simple definition of recession, which was two quarters of negative g d p growth. But now that we have a democrat in the white house, we just can't know these things. Why even ask such difficult questions, right? And it's absurd. The headlines should be, the bite in recession has begun. That's it. If you had three minutes of forty five seconds for you're biting over under with sacks,. You took the under