It Looks Like This Recovery Is Already Over

Wednesday, July 28, 2010
By Paul Martin

Gregory White
Jul. 28, 2010

Argonaut Capital (via Market Folly) have released their May 2010 investor letter and it points to a depressing reality about the state of the U.S. recovery.

That recovery appears to have already topped out, as of Q4 2009. With stimulus funding in decline, we’ve already seen a fall in Q1 2010. Their projections have that number continuing to fall through 2010.

From Argonaut Capital (via Market Folly):

The Rest…HERE

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