The recovery from a deep recession can be intense

August 31st, 2009|by Michael Ashley Schulman, Perspectives, The Big Picture|

The recovery from a deep recession can be intense. The proposition is even more acute in this recession, as continuing high levels of unemployment are accompanied by extraordinary issues of government policy and their unwind. Fundamentally, the asset at the heart of the crisis – housing – appears to be stabilizing in both the US […]