Is the Recession Really Over?

How many times have we seen a headline or heard on the news that the recession is over, or how long its going to last. The answer probably is... who knows? The same reporters, talking heads, and experts all have their opinion, but lets remember none of them saw the deep recession coming, so what do they really know, and how credible is their voice. 

One day the numbers reflect the end to the recession is near, then even the same day we get a report that is pretty negative. Its a roller coaster of opinions and figures that can change hourly, as evidenced some days by the stock market. How uncertain is the market these days. 

Just yesterday an AP story headline ran, "RECESSION MAY BE NEAR BOTTOM, NEW DATA SUGGEST". Sounds promising, so I eagerly anticipated reading a positive article. After all I, like most of us, am quite exasperated reading and listening to some of the voices of doom. The article was positive, although a little cautious. No one is really brave enough yet to go out on a limb and proclaim the recession is over. The positive news is that orders to American factories surged last month for everything from computers to aircraft and that a gauge of  business investment rose by the most in nearly five years. That's very good. Also orders for non-defense capital goods jumped 4.8 percent, the largest increase since September 2004. This is very good as well. Like all good news these days, it can be followed by some not so good news the following day or two. I am on the lookout.

If someone is looking to invest, the stock market is definitely still a bit shaky, so investors are starting to look at real estate again. Dont let the negative publicity dissuade you, foreclosures and short sales are the reason there are some amazing deals out there. Check out the savings at The Ridges at Tellico Lake, the gated community located at the foothills of the Great Smoky Mountains. They are offering up to 40% off on home site packages. This is a huge savings on large estate size home sites, with spectacular mountain and lake vistas.

For more information about these packages and fractional ownership opportunities please visit www.theridgesattellicolake.com or call 1-877-Tenn-A-See (836-6273)