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WSJ: “Stocks and Recessions: Assessing Recent History”

By admin_45 in IN THE NEWS WSJ: “Stocks and Recessions: Assessing Recent History”

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!

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