Based on latest data from BEA, BLS, Fed, Ontonix published an analysis early last week.
Here were the main conclusions (based on data up to 2009 Q4)
- This recovery is only marginally better than the last one in 2001
- This recovery seems to be Export driven where as the last one appeared to be Import driven
- There is still a lot of turbulence in the economy, in fact the amount of complexity (or turbulence) has increased nearly 75% since 2008 Q1
- Interest rates… Continue