So, according to the financial guru's in NYC and Washington DC, the recession is "probably" over... even though the job losses will continue and more people are expected to foreclose on their homes. I think the determining factors of what is a recession and what is not are looking better and better although our daily lives might not feel the "ease" until must later.
HOWEVER, there is news from GM and they will be adding more shifts in 3 factories. They are located in Michigan, Indiana, and Kansas. Then, AutoNation has said they are going to be on the offense now because they see that the worst is over from the car market. They will buy up more dealerships and order more new inventory from the manufacturers. Being the No. 1 auto-store chain, these are strong moves.
So, I see this as good because people might be getting their jobs back or holding on to their jobs. But, are we moving a little too quickly? It's not like we're 100% out of the woods. But, I guess that is my conservative side talking. Nothing risked, nothing gained...right?
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