Great news: The US economy is officially out of recession. We know this because the National Bureau of Economic Research’s official recession-calling committee said so this week. The economy has been in an expansion phase since last April, making this the shortest recession on record at only two months. The NBER committee always makes these calls in hindsight—both the beginning and end of recessions. Literally everyone could see the economy coming to a halt in March and April. The signs weren’t subtle. Yet it wasn’t until June 8, 2020, that they said the economy had peaked in February, marking the recession’s onset. I don’t blame them for waiting to see the data, though. Caution is appropriate on these things. Read more.
Recent Tweets
Clear Blue CEO Miriam Tuerk will host a webinar on Wed Feb 1, 2023 at 1pm EST to discuss the eSite transaction as well as the closing of the non-broker private placement. Investors can access the webinar by registering at the following link:
https://us06web.zoom.us/webinar/register/WN_qBH6fLkYTnuQKZlVqHVKUA
Clear Blue Technologies webinar February 1 at 1pm ET to discuss the eSite transaction and the closing of the non-brokered private placement
https://bit.ly/3WUNmTg
$CBLU.CA $CBUTF #microcaps #investing @MicrogridNews @offgridnews @remotepoweruk @OffGridEI @GSMA #cleantech