Wall Street Main Street Out Of Sync Summary

The business cycle is the alternating of goods periods of growth and decline in the economy. The Business cycle has four stages. The Peak which is the highest point of the business cycle. Then after that is the recession. This is when the economy starts to slip. Examples of this are when people stop buying good because the prices are too high. Then after the recession is the trough. This is when the economy hits rock bottom. The only way this can stop is when people start being more and more goods. When that happens the recovery stage comes into play. This is when the economy starts to get into better shape and is about to hit its peak. I Believe the economy is going through a recovery.

In The article “Wall Street Main Street Out Of Sync” Sam Zell a billionaire investor expresses his point of view toward the stock market. He stated “I looked up at the screen and I don’t think there is anything I want to buy”. Sam Zell is a billionaire investor. Without people buying things in the economy we will go through a recession. Zeal also states in the article “The US economy at the moment is okay but so much of the economy is predicted on noneconomic issues”. This is a bad thing because the predictions of the economy could not be
The author of the article is Albert R. Hunt. Albert Hunt explains what people think the economy is going through but he tells the people the actual facts of what position the economy is in. He believes the economy is in a recovery from 2009. He states in the article “Actually, the economy has been improving steadily, if too slowly. Unemployment is down to 5.3 percent from about 10 percent”. He talks about the facts which are true. It may be slow but the economy is making a recovery still. This all in all is a true statement. Unemployment is low. The facts are all there. The economy is going through a recovery. It may be a slow one but the facts do not