know nothing

Where the Market Sees the Economy Moving in 2009

It appears they are ignoring the oil production cuts,which should raise oil prices in 2009,taking a good share of any potential future profits that could assist the recovery process,and they are ignoring all the other struggling countries who are in bail out mode just for survival! Theres not much room for growth when the world seems to be in survival mode! When december retail sales fall as much as they did, (Dec typically being the strongest retail sales) What is Jan, Feb, March, going to look like? Did everyone forget about the unemployment numbers from Dec? Don't forget the new scam called "CRAMDOWN" if this takes effect,look out!! What lending institution will lend to any consumer, when a bankruptcy court can wipe out a portion the original mortgage? This would be a banking disaster of unprecidented proportions! I'll believe a recovery in "09" when I see it! We have a long road to hoe.