Anthony LoPinto

Every year for the first column after Labor Day I wish all of our readers a very happy New Year. Today begins a sprint to the end of the calendar year and the race to next summer, so in many respects it is a business year cycle.

This year the headline is Recession. After almost a ten-year run, everyone is speculating about when the economy will dip into recession, yet most pundits are having a hard time pinning down the real and tangible evidence for a recession with strong employment, continued good news on the corporate earnings front, low interest rates (actually very low), and balance sheets in check.

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