As many here know, the unemployment situation is going to last for a while. Many people are going to have to pursue career changes. Employers are going to be hesitant about hiring new employees until they're certain the economy is solidly rebounding. Unemployment always lags behind as we all know.
Is this recession over? I don't know and don't know anyone who knows, which is true for every recession. We'll know when history tells us. We're surely showing clear signs of recovery and that's all that we can confirm at this time.
I'm just staying the course. I didn't get out of the market when it bottomed and am not worried about things in the near future. All those who did panic are getting back in which is why we're now seeing the recent gains. Maybe I should say their loss, my gain.
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"Those who can't remember the past are condemmed to repeat it".- George Santayana.
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