If it looks like a duck, swims like a duck, and quacks like a duck, then it's probably a duck, right?
Then consider the following [italics mine]:
U.S. commercial property prices fell to a post-recession low in March as sales of financially distressed assets weighed on the market, according to Moody’s Investors Service.
The Moody’s/REAL Commercial Property Price Index dropped 4.2 percent from February and is now 47 percent below the peak of October 2007, Moody’s said in a statement today.
The national index has fallen for four straight months as sales of distressed properties hurt real estate values. Investor demand is strongest for well-leased buildings in such major markets as New York and Washington as vacancy rates decline and the economy grows.
The overall index shows “no sign of recovery,” Moody’s said.
"Homebuilders See No Recovery" (Associated Press)
ECONOMY: The recession may be over, but foreclosures and a credit squeeze are keeping construction sluggish.
For homebuilders, it hardly feels like an economic recovery.
Nearly two years after the recession ended, the pace of construction is inching along at less than half the level considered healthy. Single-family homebuilding, the bulk of the market, has dropped 11 percent in that time. And there's no sign it will improve soon.
Wal-Mart's core shoppers are running out of money much faster than a year ago due to rising gasoline prices, and the retail giant is worried, CEO Mike Duke said Wednesday.
"We're seeing core consumers under a lot of pressure," Duke said at an event in New York. "There's no doubt that rising fuel prices are having an impact."
Wal-Mart shoppers, many of whom live paycheck to paycheck, typically shop in bulk at the beginning of the month when their paychecks come in.
Lately, they're "running out of money" at a faster clip, he said.
"No Recovery Yet for US, Europe - Reckitt CEO" (MarketWatch)
Global growth in the consumer industry has slowed and talk of recovery in the U.S. and Western Europe is premature, Reckitt Benckiser PLC (RB.LN ) Chief Executive Bart Becht told Dow Jones Newswires.
There has been no recovery in the job market during the Obama recovery. Despite all the cheerleading by the Obama administration and the media, job creation has been horribly sluggish. The jobs created recently are noteworthy only in comparison to the lack of jobs created during the rest of the “recovery.” In contrast to other recoveries over at least the last half century, job creation has never been more anemic.
There you have it: it's a duck -- er, a non-recovery.
(Looks like even stock traders are beginning to take notice.)