The Thaw Begins
It seems undeniable that the economy is working its way out of the recession. Stronger players are looking for acquisitions while definitely focusing on fundamentals and looking for good deals. Survivors are beginning to think that the Great Recession wasn’t quite as bad as they feared and definitely nothing like the Great Depression. The Feds most recent “Beige Book” had encouraging information – reports from the 12 Federal Reserve districts indicate that economic activity continued to stabilize. Dallas indicated activity had firmed. Boston, Cleveland, Philadelphia, Richmond, and San Francisco mentioned signs of improvement. Atlanta, Chicago, Kansas City, Minneapolis, and New … Read more