Is anyone else sick of this “Nascent Recovery” talk?

Is anyone else sick of this “Nascent Recovery” talk?

Courtesy of Mish

The buzzword of the day is “nascent”. It means “beginning to exist or develop”. The word is everywhere you look.

Moreover, talk of “nascency” seems like it has been going on forever. Perhaps because it has. Here are some prime examples.

March 3, 2010 – Big Picture: Read it here first: St. Louis Fed Tracks Nascent Expansion

The St. Louis Fed has made it official, at least through their lens. The recession ended in June 2009. As you read here first in January, late last year the St. Louis Fed discontinued the use of recession shading (thereby signalling its end) in its graphs as of mid-2009.

They have now retooled their Tracking the Recession page toTracking the Economy, and the default graphs are indexed to 100 in July 2009 (the economy’s apparent trough).

Feb 26 2010 – FXStreet: Canada: export sector is betting on nascent recovery

Today, we were very pleased by the results of a survey published by Statistics Canada. As Today’s Hot Chart shows, factories plan to increase their investment in machinery & equipment by 8.8% in 2010. Furthermore, the improvement is fairly widespread, 14 major industries out of 20 having reported an increase. The increase planned in 2010 in these productivity enhancing investments is of the same order of magnitude than the one that followed the recession that took place at the beginning of the decade. This occurs despite the fact that this heavily export-dependant sector is now facing the challenge of a strong CAD. Nevertheless, Canadian manufacturers chose to position themselves in order to take advantage of the nascent U.S. recovery.

February 24, 2010 – Bloomberg: Bernanke Says ‘Nascent’ Recovery Requires Low Rates

Federal Reserve Chairman Ben S. Bernanke said the U.S. economy is in a “nascent” recovery that still requires low interest rates to encourage demand by consumers and businesses once federal stimulus expires.

February 2, 2010 – Todays’s Zaman ?stanbul: Manufacturing sees nascent recovery in Q3 productivity.

Turkey’s manufacturing industry productivity increased by 0.9 percent in the third quarter of 2009 as compared to the same months of 2008, data from the National Productivity Center (MPM) have revealed. ….

February 2, 2010 – Aclara: Despite A Nascent Recovery, Prospects For U.S. Finance Companies In 2010 Are Mixed

Note: That is an ad wanting $500 for a report about the “nascent recovery”

November 19, 2009 – Wall Street Journal: Dell Trails Tech Peers in Nascent Recovery

Dell Inc.’s quarterly profit dropped 54% despite recent signs of recovery in…

Read the original story at Phil’s Stock World