Economic Indicators in Explaining and Predicting Significant Market Movement The present global economic recession has reversed a course of relative prosperity which began in 2001, and lasted for a remarkable “73 months” (NBER). In a statement released through news outlets in the United States including the Wall Street Journal, the NBER announced that the economy of the United States experienced a high point of economic activity in 2007, and that a recession had begun that showed no signs of relenting (WSJ). Since December of 2007, the date demonstrated by the NBER to be the peak of economic activity, banks have collapsed, businesses have shuttered, and certain economic segments have been challenged to the point of extinction. Amid this...The end:
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