Many of you know that I follow the thinking-on-the-economy of John Mauldin, who writes Thoughts from the Frontline, a weekly newsletter. His June 25, 2010 letter was titled “The Risk of Recession”…as in “double-dip recession.” Here’s an excerpt (Want to skip the reading and see a video version? Skip to the end.): “The Risk of [...]
It’s been the question de jour since June. Is the recession over? God knows I’m ready. So it is with some glee that I’m noticing more frequent reports about improvements in the markets, suggesting our recovery is at hand. And now Federal Reserve Chairman Ben Bernanke weighs in with his own positive assessment. As reported [...]
[Article by Garrett B. Gunderson] For those who have eyes to see — and courage to act on what they see—recessions are times of vast opportunity. Aristotle Onassis built a $500 million fortune in the shipping industry at the peak of the Great Depression by buying freighters at bargain prices, financed using other people’s money. [...]
