New York (CNN Business)The longest economic expansion in American history is officially over. The National Bureau of Economic Research declared Monday that the recession began in February.
This whole entire time people fearing recessions and long and behold it feels like a recession never took place, equities love recessions, why because the fed just makes everything so much better with trillions in stimulus, low historical interest rates at 0% and A fed back stopping and 1.2% drop in equities!!!
https://www.cnn.com/2020/06/08/economy/recession-economy-coronavirus-nber/index.html
This whole entire time people fearing recessions and long and behold it feels like a recession never took place, equities love recessions, why because the fed just makes everything so much better with trillions in stimulus, low historical interest rates at 0% and A fed back stopping and 1.2% drop in equities!!!
https://www.cnn.com/2020/06/08/economy/recession-economy-coronavirus-nber/index.html