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614 Landis Avenue, Vineland, NJ 08360800-257-7013www.cumber.com

“Are Things Really that Bad?”

GIC27th Annual Monetary and

Trade ConferenceApril 2009

Dr. Robert A. EisenbeisChief Monetary Economist

Cumberland Advisors

614 Landis Avenue, Vineland, NJ 08360800-257-7013www.cumber.com Chart 2

Introduction and Outline of Talk

• Press would have you believe that we are on the brink of another Great Depression

• How do we compare with previous recessions?• How do we compare with the Great Depression?


• Real GDP• Personal Consumption• Corporate Profits• Investment• Employment


• Real GDP

• Personal Consumption• Corporate Profits• Investment• Employment


• Real GDP• Personal Consumption

• Corporate Profits• Investment• Employment


• Real GDP• Personal Consumption• Corporate Profits

• Investment• Employment


• Real GDP• Personal Consumption• Corporate Profits• Investment

• Employment

Download - "Are Things Really that Bad?"

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