Market Bulletin from Dr. David Kelly - "The Recovery Train"
Last week's GDP data showed that this was an even more severe recession than initially estimated, with output declining by 3.9% over the past four quarters, the worst peak-to-trough decline seen in any post-war recession. However, the report was also peppered with signs that the worst may now be over.
Dr. David Kelly, Chief Market Strategist at J.P. Morgan Funds, has prepared some comments addressing the recent positive signs that indicate the economy may be back on track to a recovery. In this report, Dr. Kelly also examines issues which might derail this recovery and investments which stand to benefit the most from its continuation. Please click here to read a copy of the report.