Just curious where your three year prediction of economic growth was derived from? Other than your conclusion on housing based on very simplistic analysis of housing data, I see nothing here that justifies economic predictions. I am open to being convinced on which way the economy is going to go, but I am not going to buy some numbers you clearly just picked out of thin air. Rationalize your conclusions and you might see more people listening to them. Complete an analysis like that and you will get laughed at when you draw a conclusion.
Oh and I don't think forward earnings expectations are in any way reliable...
Expect the Real Rally by Mid-2009 [View article]
Oh and I don't think forward earnings expectations are in any way reliable...