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Wells Fargo Economics Scott Anderson, Ph.D. Vice President Senior Economist Plunging Into The New Year Durango, CO January 9, 2008. U.S. Economy Severe Recession Worst in Post-War Period. U.S. Recession Comparisons. Peak to trough changes. Source: BEA; BLS; Wells Fargo Economics.
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Wells Fargo Economics Scott Anderson, Ph.D. Vice President Senior Economist Plunging Into The New Year Durango, CO January 9, 2008
U.S. Economy Severe Recession Worst in Post-War Period
U.S. Recession Comparisons Peak to trough changes Source: BEA; BLS; Wells Fargo Economics
A Credit Crisis In The Making
Where Does This Leave the Housing Market?
Washington to the Rescue! Stimulus, Stimulus, and More Stimulus
Fed Activity Federal Funds Target Rate Source: Federal Reserve
Liquidity Improved But Still Abnormal! Despite Fed’s Extensive Credit Facilities and Lending