It's such a meaningless comment that I'm surprised it's getting media attention. If the economy grew by .001% from this point on and took a hundred more years to fully recover he'd still be right. So "the recession is likely over" literally means next to nothing in regards to recovery (which is what everyone really wants to know about)
If that's the reality of it, then damn, we averted that one... but by the skin of our teeth.<p>Whew. Last chance to buy stock, while the economy is still 'on sale'!