Recession is over, says economist

When economist Dennis Gartman told subscribers of his newsletter in the fall of 2007 that the U.S. was entering a recession, the Dow was at 13,500, and the official government call wouldn't come for another full year.

Now he's ahead of officials and forecasters again. According to Gartman, the U.S. recession that started in December 2007 is done.

"We saw it happen two weeks ago -- it's over," he said in a recent interview. (more)