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Jan 14 11:13 am
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All Comments by John Lounsbury »Where the Market Sees the Economy Moving in 2009 [View article]
Your conclusion is interesting: "In 2009, the market predicts a start to economic recovery."
This can be compared to Steven Hansen's article (seekingalpha.com/artic...)
which shows a CBO estimate that the recession will bottom by 3Q/09 and projects a return to normal growth by mid-year 2010.
The CBO projection and yours are in close agreement for the start of recovery. Both are more optimistic than I am yet ready to believe. But I have to keep looking at what those with different views than mine have to say or, in isolation, I could talk myself into never-never land.