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Light at the End of the Economic Tunnel

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For those of us starting businesses, we have been riding out a storm for the past two years.  That storm  has left Americans hiding under economic fear.

Today, the WSJ reports that it’s economists say, “The recession is over.”  That is big.  While it is still a slow go, it is moving in the right direction.  Stuart Hoffman says, chief economist of PNC Financial Services Group in Pittsburgh says that “the fiscal stimulus is starting to take hold, and the U.S. has successfully avoided what could have been a full-blown depression. Hoffman declares, “I would make the bold statement that I agree with the majority of my colleagues, my fellow economists, that the recession is ending this summer”.   Hoffman as well as other economists surveyed by the WSJ say that home sales are increasing, folks are purchasing more vehicles and job losses have decreased.

So, whether your start-up is retail, Internet, a hedge fund or M&A, Americans have just been injected with a powerful  antidepressant.  By years end, all may be well again for Americans.  I’m holding my breath this time.

Dream it. Believe it. Achieve it.

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