When people hear me say, recession means opportunity, they look at me as if I have 2 heads. But, before you make any judgments about my sanity, let me give you the rational reasons for my opinion.
First of all, I should explain, that the motivation for writing about this subject today is in response to yesterday's announcement that the U.S. Gross Domestic Product (GDP) for the first quarter of 2015 declined by 0.7%.
And, while this one quarter GDP decline certainly doesn't mean we're in a recession, or that we're definitely going go into one, it does bring the increased possibility of recession into one's thoughts (at least into mine).Continue reading