Quote:
Originally Posted by eribrav
Cyn why would you wait for "them" to announce the recession?
You had all the info you needed to arrive at that very conclusion.
That and all the people I think of as "in the know" like Barry Ritholtz (The Big Picture), Bill Fleckenstein, and Calculated Risk have been all over the recession for well over a year.
Where are you getting your financial news and commentary?
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from all over the internet and newpapers.
It isn't so much that it's waiting for them, it is moreso that their announcement has an impact on the markets. I'm sure they purposely waited for this point to make the announcement.
I've always been very conservative in my fiduciary planning and investment strategy. So I don't think that much would have changed for me, but maybe. My decision could have been altered a little, even slightly.
BOR, sorry to hear that. I miss the days of the cradle to grave employment....
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