There will probably be more unpleasant surprises in bank loan portfolios before the recession is over.
"The recession is over, but the consumer didn't get the memo, " he says.
But now that the worst of the recession is over, we have to confront the fact that our government spends more than it takes in.
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Does the White House believe that technically the recession is over?
The threat of such dangerous debt dynamics is ample incentive for Mr Obama to hurry up and explain how he will tame the deficit once the recession is over.
Federal Reserve Chairman Ben Bernanke is warning members of Congress they need to come up with a plan - a plan to reign in huge budget deficits - once the recession is over.
Housing activity is normally very sensitive to interest rates, so with a lag of a few quarters during which easier credit works through the system, housing starts revive, often before the recession is over.
Yet, even though Bernie Madoff is in jail and the recession is officially over, there is still a great deal of angst, as U.S. public companies and their boards eye ever-changing global economic and market risks.
In retrospect, Croesus would be hard put to argue the bear market is over, the recession will be moderate and short, and the bottom has been seen in financial stocks.
It is natural economic constraints on production and supply have been overcome by money and structural changes to the market, the train building market, which includes the building companies, their suppliers, and their immediate distributors and employees of those companies. although the recession is more widespread through the economy, the rest is wash over from the train builders.
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Four years after the Great Recession and the world economy is still hung over from one God awfully nasty party.
And the problem is that that private recession in housing is now spilling over into the broad economy.
So is this a recovery--is the recession over as the pundits proclaim?
This is before the recession, over the course of the decade, the average American household, they saw their incomes decline even as the cost of health care and college tuition were skyrocketing, had reached record highs.
The dispute now is over the best way to mitigate a recession.
The era of fast growth is over, and recession and financial crisis have undermined the bureaucracy's reputation for competent rule.
") Asian stocks were dumped across the board Monday, with Friday's dismal U.S. employment report fueling worries that the world is tipping over into recession. (See "Bailout Passes, But Investors Bail On Asian Stocks.
Roberto Lavagna, the economy minister, recently declared that the country's four-year recession is over.
Today, while the "deeper and longer" recession proponents stand by in their crash helmets, the "worst is over" adherents, including me, can't conjure up more than a shallow recovery.
What has changed over several years is the recession and the percentage of voters who identify as investors.
The recession is accelerating the churn of clients that haggle over fees.
The weakness is attributable to the recession in the southern EU countries which, ultimately, has also spilled over into countries such as Germany and France.
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Weak wage growth is permeating the labor market from virtually all sides: Nominal hourly wages are growing slower than before the recession, the real value of wages has fallen over the past year, new job creation is skewing to lower-paying jobs and wages for new and returning entrants in the workforce are declining.
Subsidiary Hyundai Asan has led efforts to build economic ties between the North and South, so Hyun is not only managing a multinational through a recession but also through global tensions over the North's nuclear program.
But as she enters the final year of her three year business plan, Janet realises the party is over and turning a fledgeling business into a profit-maker in the depths of the recession isn't going to be easy.
The NBER usually won't even identify a recession until it is over.
Few economists believe there is a serious danger of recession in Germany, in the sense of negative growth over at least two quarters.
Meanwhile, investors continue to fret over whether the U.S. is teetering toward a double-dip recession.
And the fact is that 4.3 million jobs have been created over the last 27 months and it is a measure of how severe the recession was that that is not nearly enough.
The investing sweet spot is a market where strong job growth is predicted over the next three years, the population was expanding rapidly before the recession began and home prices are at or near their bottom.
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