By The Numbers.

From Direxion Funds "By The Numbers".

BUSINESS FAILURES - More than $450 billion of US corporate debt has defaulted YTD in 2009, more than the $433 billion that defaulted in all of calendar year 2008. Only $7 billion of US corporate bonds defaulted in 2006 (source: Financial Times, S&P).

IT’S OVER - The nation’s current recession (which officially began on 12/31/07) is our 5th recession since 1980. The shortest lag time from the end of any of the 4 previous recessions until the date of the announcement that the economic downturn had ended was 7 months. The longest lag time was 21 months (source: National Bureau of Economic Research).

You can see other statistics of interest here: http://www.imakenews.com/direxion/index000196240.cfm?elq=a3fbf2f19d274f58bd7296a95f441cc2