Yesterday was an interesting day. Yes, the headline declines in the stock market made it interesting, and that news is certainly part of it. Still, that kind of volatility is normal. We haven’t seen it for a while, but if you look back, it’s no big deal. In fact, markets are ticking back up again. Shortest Recession Ever? What made it really interesting is the second piece of news that came out yesterday: the National Bureau of Economic Research (NBER), the body responsible for such things, announced that the COVID recession has ended. Now, this conclusion was not really a surprise. What was surprising? NBER gave the ... (full story)