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JKD - 6 Reasons Why This Is (Or Isn't) The Worst Economy Since The Great Depression
BTC iShares Morningstar Large-Cap ETF
When the NBER’s Business Cycle Dating Committee draws the boundaries on the current recession, it’s unlikely to stand out as an especially long one. In fact, by the time the committee publishes the official start date, it could be past its end date.
Why?
Because it’s front-loaded. Spending has dropped so sharply in such a large portion of the economy that many types of activity have nowhere to go but up. And once activity starts increasing, even from nothing, that’s expansion, not recession.
But the eventual business-cycle dates tell us little about our current situation.