Every once in awhile we witness a convergence of issues that create an economic inflection point……….a point which we change direction. Although the concept of an inflection point stems from calculus, it is applicable the current economic situation. It seems safe to say that our current direction seems to be lateral; we are basically stuck in a holding pattern while we grapple with the weight of significant debt (government, corporate, mortgage, personal, etc.), depressed consumer confidence and a prevailing sense of caution. Economic indicators generally seem to be in a holding pattern and recovery seems tepid at best.  

Where do we go from here? 

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