Maybe the recession really is over?!?

[LuciferSam]

I don't think the recession ended in 2009. I think the economy was, and is, propped up by the gov't.
One month increase of any market means nothing in the big picture.

If that's the case, you could argue that the government helped to end the recession as they've been saying all along. The questions are, how sustainable is this and what are the potential negative effects?

 

[30ashopper]

The "Great Recession" went from December 2007 to June 2009.

I said "technically" because I think it is mostly a statistical measurement, not a great indicator of the basic economy.

It's a little premature to be declaring the end of the "great recession". People made the same claims during the great depression. That wonderful period lasted almost ten years, during which there were ups and down in the market, but the overall long term trend was down. You wouldn't have know that in the middle of it, and it was easy to get excited about run ups in the indexes during.

The economy is still totally fubar'd. This is going to be a very long slog, and there's litte anybody can do about it.

 

[futurebeachbum]

In my business (software consulting) and a fair number of the other businesses I deal with (mostly manufacturing, distribution and service firms) everyone seems to think that business is slowing down again. I saw revenues plateau in July and begin dropping a bit in Aug and September. Its really bad since Sept & Oct have traditionally been my strongest months each year.

Doesn't feel much like any kind of recovery to me.