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April 18, 2007

Recession 07

I know predictions are for fools, but I just want to put a marker on this. I think the U.S. economy is in a recession NOW - and probably has been since around January 2007. The data will follow, but everything anecdotal that I can see, as it relates to what I do for a living, and through reading the U.S. economic news, is trending down. I would like to look back a year from now and laugh at how wrong this post is - but I don't think I will be doing that... we'll see.


And from a job market perspective, in finance - the big push right now is for Credit, Distressed Dept, and people with knowledge of deep value. Ergo - people who look at companies in serious trouble or who are bankrupt!

Posted by: samearle [TypeKey Profile Page] at April 19, 2007 04:06 PM

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