After Declines Recoveries have Followed
After declines, recoveries have followed
We posted this graph to the blog a few months back but thought it would be a good idea to share it again. We have noticed a growing restlessness among the general population as of late and we hope to show you that despite challenging times, inexact economic growth is normal. There has been much discussion lately about the ineffectiveness of the recovery, the election, fiscal cliff and on and on but the truth is that, despite slow progress, things are getting better. Take a look at the graph below that American Funds created by looking back on recoveries throughout history. You'll see there's not much difference today than in the past.
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