Economic news isn't that dismal

I grow weary of economic analysts that continually use data for purposes of gloomy sensationalistic rhetoric.

When job and housing reports shift, they claim we are either in recession or on the brink of runaway inflation. The truth is neither can simultaneously be possible nor are they currently happening.

We are simply recovering from a stock market correction which was brought on by lending institutions. The near 10 percent drop of equity prices in January is conducive to a standard bull market correction. In February, the leading stock market indicators improved.

Recently, however, I heard one analyst claim we are in the midst of a recession that is unprecedented because equities are doing well.

Poppycock! How can it be raining if people aren't getting wet?

Don Mueller

Hoffman Estates