This week we ponder the state of the US economy and whether or not we have seen the worst of the so-called "credit crunch." The economy performed better than expected in the 1Q, and more and more analysts are concluding that we are not in a recession. Likewise, there is a growing feeling that the state of the credit markets is slowly improving, although serious problems will continue to exist for at least the next year as the housing slump plays out. Finally, we look at the recent surprising strength in the stock markets, and whether or not it's time to get back into the market.
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