Is The NBER Gearing Up For a Big Announcement?
Monday, October 26, 2009 at 07:11AM The NBER (National Bureau of Economic Research) is the organization in charge of dating recessions and expansions in the US economy, so when the official announcement is made that the most recent recession is officially over, it will come from the NBER. Interestingly, over the weekend, the organization revamped its website for the first time in several years. While companies change their websites for multiple (and often insignificant) reasons, many revamps are often timed to coincide with major events. With most investors and economists agreeing that the economy has seen its trough (probably in June or July), we wonder if the NBER's website update was put in place ahead of an announcement from them that the recession is over?
Old website:
New website:
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Reader Comments (2)
GDP numbers later this week should be positive and the NBER may chime in as well.
It will be interesting to watch and see where the market moves when all this is announced.
The timing signals will help us figure it out.
adminP.S. I get my timing signals at http://invetrics.com
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