Getting Worse More Slowly

The fact that the fall of the knife (as in never try to catch one) is decelerating doesn’t mean that it won’t cut you. Most financial numbers are starting to decrease less, some even flatten out or growing slightly.

But it still doesn’t answer the question: Are we out of the woods or will we see another leg down? I’m personally doubtful that decades of over-consumption can be flushed out of the system in merely 12-24 months.