This is Not 2008! The threat of a recession is on the minds of investors. What these investors are ignoring is how different recent circumstances are from the environment that preceded prior recessions.
Good-bye Recession Fears. Less than two months ago, conventional wisdom thought the US economy was in real trouble. Oops! The US economy accelerated in the first quarter, with real GDP up at a 3.2% annual rate for the quarter and from a year ago.