If you are like most people, you probably wouldn’t feel comfortable performing surgery to remove your spouse’s appendix. You probably would not fix the brakes on the family car. You probably would not risk tutoring your child to prepare for the SATs.
Housing slumped again and the Leading Economic Indicator Index plunged for a third straight month, but the consensus forecast of leading economists is for no recession.
The economy remains on the edge of a recession but the stock market this past week acted like the worst of the bear market may be over.