First the tunnel, then light
The Times Union
November 13, 2008
By Eric Anderson
SCHENECTADY — On a day when the Dow Jones industrial average fell 411 points, economist Jeff Thredgold told an audience the economy will start growing again by the second half of next year.
Before that, however, we'll endure more financial pain, the former KeyCorp chief economist, who now heads his own firm, told members of the Center for Economic Growth.
Speaking at the GE Theatre at Proctors in Schenectady, Thredgold said investment losses in the current downturn total $600 billion.
