According to the definition of a recession (recession is defined to be a period of two quarters of negative GDP growth), and I think the average person realizes that we are in one.
The Bush administration seems to think if they do not admit the nation is in a recession that the rest of us will believe the same way, which would be good for the Republican Party in the coming election.
While a recession is bad for someone losing his or her job, if you are an investor, the Bush administration has handed you a nice gift for the next eight months.
How so? Let me explain. The Federal Government and the Federal Reserve will do anything to keep the economy afloat until the November election, that means you can invest right now with little downside risk.
Caution
After the November election no matter who wins the economy will get a lot worse for everyone, so take the next eight months to raise cash during the upward movements in the market you will then be able to reinvest that cash next year buying equities at much lower prices.
Disclaimer
The statements above are my personal opinions, and are not to used as a guide for your individual investment goals. Please do your own research, and determine for yourself whether or not action is required to protect your respective investments.
Disclaimer
The statements above are my personal opinions, and are not to used as a guide for your individual investment goals. Please do your own research, and determine for yourself whether or not action is required to protect your respective investments.
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