The SIPA

The Blog Of The Securities Industry Professional Association
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RECESSION OR DEPRESSION?

Let’s start with the first fact, that the recession never really ended. I know all the economists out there will tell you differently and will show you a chart and technical garbage to disprove this point but the reality is that almost each and every month our government has been claiming one set of numbers and then restating them often times dramatically the next month.
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Double Dipping just in time for summer

I’m a clueless small business owner who can only judge things from my eyes and ears on the street. Instead of quoting Greenspan and Bernanke , I’d rather quote Bluto from Animal House after they accidentally killed the horse in the Dean’s Office…I believe the words of shock Bluto uttered over an over again were: “ H-O-L-Y S-H-I-#!..H-O-L-Y S-H-I-#"!!
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