WSJ: “Stocks and Recessions: Assessing Recent History”By admin_45 in IN THE NEWS
Excerpt from The Wall Street Journal quoting DataTrek's Nick Colas:
.... "So while Thursday’s GDP report will get most of the attention, some analysts said Friday’s report on incomes could prove more important for investors.
“It’s not a number anyone really thinks about, but it’s important,” said Nicholas Colas, the co-founder of DataTrek Research. “When incomes start to get less bad, you’re not in a recession anymore"....
Read the full article here on WSJ!