Is the US recession over? A handful of bullish economists are starting to claim that it is, or that it very soon will be.
“The trough of the recession is imminent, if it has not already been passed,” said Neal Soss, chief economist at Credit Suisse.
“I have declared the recession (almost) officially over,” Marc Prado, market strategist at Cantor Fitzgerald, told clients this week. “The May data clearly has turned the corner.”
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