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The U.S. recession may have ended in July

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The U.S. recession may have ended in July as the labor markets improved, Jeffrey Frankel, a member of the National Bureau of Economic Research’s business-cycle dating committee, told Bloomberg.




While profits at S&P 500 companies are falling for a record eighth straight quarter, results have surpassed projections by an average of 10 percent in the current season. Per-share earnings have beaten estimates at three-quarters of the 447 companies in the S&P 500 that released second-quarter results since June 17, according to data compiled by Bloomberg.
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I don't think we are out of the Recession but it'll be funny when they claim we are and probably in a few years things get worse again. We may get out of it for a little bit but everything were doing is what caused the problem in the first place, the solution is not the problem x100.


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