More Half-Full Glasses

The deeper the slump, the zippier the recovery.

The Wall Street Journal (9/19-20, 2009)

Just six months ago, the mantra of the hour was, “the bigger the party, the nastier the hangover.”

That was succeeded by the “green shoots” metaphor.

Now, I am seeing variations on “the steeper the fall, the more robust the recovery” (also known as the “V-shaped” recovery scenario).

Do I hear any murmurs of economic “coiled springs” about to be unsprung?

(Yes, I do — that’s the metaphor being pushed by Charles Schwab’s chief investment strategist, Liz Ann Sonders).

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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