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There's an old Wall Street adage that goes, "Sometimes the Street's chorus is a chorus of two."

And there's perhaps no better example of that than the current debate over the strength of the U.S. economy. Professionals in the Concrete Canyon have been amassing on either side of two camps for months: "The U.S. economy is headed toward recession" or "The U.S. economy will continue to grow."

Still, as history demonstrates, and contrary to the current 'chorus' on Wall Street, sometimes there are more than two options. For example, what if the U.S. economy is headed toward a growth recession? I.E. a protracted period of sub-trend GDP growth.

Continue reading Is the U.S. in a 'growth recession'?

Is the U.S. in a 'growth recession'? originally appeared on BloggingStocks on Wed, 21 Nov 2007 18:27:00 EST. Please see our terms for use of feeds.

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