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Hugh Hewitt Book Club

The Opportunities of Recession

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The Wall Street Journal reports on Oracle’s buying spree this morning, and a second article covers Liberty Media’s cash infusion into Sirius.

First Trust Portfolio’s Brian Wesbury has been saying the obvious for months on the program –that recessions end, even though each one of them is marked by gloom and doom predictions of the worst downturn ever. Even with more bad news ahead for banks and the car companies, other market sectors are changing and growing, and though the deals that point to renewed growth don’t get nearly as much attention as the negative stories which fit the overarching theme of the news cycle.

Wesbury’s latest commentary, “The V-Shaped Recovery,” is here.

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