• Looking back 9 Years Ago: The Sluggish Recovery Began

    7 days ago - By Calculated Risk

    Note: This is the 14th year I've been writing this blog. Sometimes it is fun to look back, especially at turning points. Starting in January 2005, I was very bearish on housing - and in early 2007, I predicted a recession.
    However in 2009 I became more optimistic. For example, in February 2009, I wrote: Looking for the Sun (Note: that post shocked many readers since I had been very bearish).
    And here are a couple of posts I wrote almost exactly 9 years ago on July 15, 2009:
    Is the Recession Over?
    Show me the Engines of Growth
    Back in February I pointed out that I expected to see some...
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