your version that has been repeated countless times: "donot" ; i believe should be typed as " do not". if i am missing something; i apologise. in any case; that is the least of your problems. holygrail, i hear your point regarding how your business is reacting. i have a slightly different story here in the northeast. my family has owned a housing related business for 35 years and i have been here 20 years full time. we are off 35% year over year. last time i saw this was around 1990 during the s& l crisis. i " do not" see how our plight is not being repeated throughout the economy in a positive way.
I think the difference is that your business is "credit" dependent. There is no doubt we have a credit crisis, and crunch going on, and there is not an end in sight. It may very well eventually hit other businesses in non-credit dependent sectors. I just don't see it yet.
Where is the bear market? Are we still in one? Visa and GOOGle up again..this recession is so painful..please make it stop.
You have no money left brother. All of your positions are still in the hole YTD. You aren't even in the positive yet. I am sure you will come up and say that you recovered all your losses, we know you haven't.
I did not want to say this but ⦠what the heck! Real GDP growth is always quoted at a quarterly annual rate. It measures how much the economy has grown over a three-month period. Quarterly growth rates are often volatile; consequently, economists also like to look at the year-over-year growth in GDP. The yearly changes tend to be more stable. It is common to compare quarterly changes at annual rates in the GDP deflator. These can be volatile, just like the quarterly swings in real GDP growth; as a result, the trend in inflation is better determined by year- over- year changes. The charts below are illustrating the difference between âReal GDP Growthâ vs. GDP Price Index that is much more accurate.