Day 1840 - I'm Calling it....

Yes folks the recession is over, officially December 15th as we exited the IMF Troika led Bailout. Nothing immediately changed and as is reported as of December 24th Christmas Sales are flat to lower than last year. However jobs are growing and employment is down while emigration is up. So a mixed bag, however with the inward investment that I can see in my own industry, corporations are positioning themselves for an upturn. The upturn will be gradual and largely unnoticed as the economy continues to shake out, a lot of repossessions and bankruptcies are to move through the system in the next few quarters, this will allow a lot of people in awful situations to move on. The biggest problem is still the banks, they don't have any money and are not in a position to lend, that is until an enterprising bank enters the market and they start to lose market share, remember BOS entering the market in '99 anyone..? However as it is the eve of Christmas and with good will to all, I predict using my patented Porsche barometer that from Q3 2014 we will see a significant improvement in the economy and peoples expectations, not quite there yet people but we can see the light at the end of the tunnel or is that just the door of Angela's hen coup as she checks her chickens