THE BASIS POINT

The Daily Show & Paul Kedrosky On The End of The Recession (VIDEO)

Earlier this week, the NBER was a year late calling the end of the recession. And back in December 2008, they were a year late calling the beginning. The Daily Show video below is a good bit on the end of the recession, but still doesn’t top Paul Kedrosky’s masterful tweet a few days ago: “NBER: World War II ended in September, 1945. More later.”