If the Groundhog Sees His Shadow, 12 More Months of Recession

On Groundhog Day, we all wait this year with alittle bit more anticipation. Of course, those of us in the Midwest and Northeast are always afraid that the groundhog will see his shadow and that will mean 6 more weeks of winter. But this year, Groundhog Day takes on a special meaning. I believe that if he sees his shadow, it will mean that there will be at least 12 more months of recession. We have used every other metric to guide ourselves in this recession, why not Punxsutawney Phil?

We can only hope for a gloomy overcast day in Punxsutawney, PA so Phil does not see his shadow. It looks like so far the weather forecast means there will be an early end to the recession.