3/08 - The "R" word
After yesterday\u2019s testimony by Federal Reserve Chairman Jerome Powell, the \u201cR\u201d word, i.e. recession is becoming more prevalent in investor\u2019s vocabulary. Many are terrified of the economy falling into a recession. But should they be? Tonight on the Jon Sanchez Show at 5pm, we\u2019ll define what a recession is and why it\u2019s more of a psychological barrier than anything.