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The economic situation will start to improve next year.

Watch for news coverage discovering new optimism about the nation’s and the world’s economic situation after mid January.  Increased consumer confidence will increase spending by formerly nervous individuals and families.  Said optimism will spread to the financial sector which will loosen up lending criteria.  More loans will mean more money being spent bu corporations and individuals.  Businesses will see the uptick and will hire back people who had been laid off.  Production will increase meaning more people will be hired to produce the items and services people want to purchase.

The cycle will repeat over and over until the economy is raging again — it happened after the 1930s, 1970s, 1992, 2000 — it is guaranteed to happen again.

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• About me: I'm an Northwest Indiana and Illinois lawyer at Wartman, Conover, Fox & Hedges, (An Association, Not A Partnership).
  
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