At least, that’s what Warren Buffett says. According to this article, the recession started some time around December of 2007, and will likely end soon. History has shown that job losses is a lagging indicator, and so hopefully, job losses will continue their trend of decreasing. Read more here:
http://news.yahoo.com/s/ap/20090504/ap_on_bi_ge/us_warren_buffett
I really hope he is right. I have seen certain indicators get better then others still getting worse. Some of the Wall Street Darlings reported lower losses this past week. Also it caused a decent week for some on the stock market. Your March Inventory Update shows some good signs. The progress will be slow.
I feel were are destin to see some rapid inflation over the next 5 years!
I truly believe that the recession will last at least another several years. If it takes us 30 years to get in trouble, how can we get out in 2 years?