It’s Official. You Survived One Nasty Recession.

April 23rd, 2010

It’s over.

Word may not have reached your desk yet but the bleeding has stopped. The fever has receded. The prognosis is for a full recovery.

Dr. Jeffrey Dietrich — senior analyst for the Institute for Trend Research – presented the latest economic data today at a seminar arranged by the good folks in the MidFirst Bank – Tulsa Corporate Banking Group. Dr. Dietrich said:

Good things are happening in the economy

All indicators are positive

The turn-around is under way

Growth will occur through the remainder of 2010 and through 2011 and 2012

No “double-dip” recession to occur

He didn’t even hedge his bets. He was unequivocal in his beliefs about the immediate economic future. He says the data is clear and convincing. Here’s one chart he used to depict the turn-around that’s at hand.

Sure, people everywhere are pessimistic. Doubting that the sun is in fact rising again in the East. Dietrich says, “Of course they are. It’s human nature. But now’s the time to pick up some key talent and begin selling again. Wait until unemployment starts to fall and it’ll be too late.”

—-

Special thanks to George Brown, with the Corporate Banking Group, at MidFirst Bank.


Written by David L. Perkins, Jr., Managing Director of Tulsa-based Acquisition Advisors and Managing Editor of The Business Owner Journal.

To submit an article or blog post, click here.

Leave a Reply