Tag: Doozy

Recession in the US

0 Comment

Henry Blodget: Why This Recession Will Be A Doozy The last recession was mild. The stock market and corporate profits tanked, but consumer spending–long the major engine of our economy–danced merrily on through. In recent decades, it has ever been thus: bearish analysts and strategists have been underestimating the voracious spending habits and resilience of…