Friday, July 10, 2009

Some Latest Thoughts from Economists

The latest Wall Street Journal economist forecast survey says "the median forecast sees the end of the recession next month."

http://online.wsj.com/article/SB124708099206913393.html

Meanwhile, I would like to point out this quote from Christina Romer, from a June 28 article, as she mentions the prospects of a "V" recovery:

“I still hold out hope it will be a V-shaped recovery. It might not be the most likely scenario but it is not as unlikely as many people think."

http://www.ft.com/cms/s/0/2cb7a6a8-641a-11de-a818-00144feabdc0.html

SPX at 879.75 as this post is written



Copyright 2009 by Ted Kavadas

No comments:

Post a Comment