It appears the recession ended late in the second quarter of this year, and Fiduciary believes the economy should continue on the recovery path that is now in process. Fiduciary does see negative implications out there, such as large budget deficits, increasing unemployment, potential tax increases and increased regulation. But they believe these should be overshadowed as the continuation of low interest rates, and improving credit markets, causes the upward momentum in the domestic and global economies to continue.
