[Aquinasfan]

As for us, we expect that the recession will end in mid-2009 and that stocks could gain 5% to 8% for the year (see Outlook 2009).

I see Jimmy Carter II. The economy will be flat for four years.

Gold will do well though, just as it did in 1979.

[HamiltonJay]

we expect that the recession will end in mid-2009 and that stocks could gain 5% to 8% for the year

Wishful thinking.

[Larry Lucido]

When the earth ends, there will be eight experts who stood around carrying signs saying “The End is Near” who were right, too.

Now I’m not saying these guys didn’t have insight, but for just about EVERY major event, someone predicted it in the last 20 years or so.

[ottbmare]

A friend who has some connections with the smart international money warned me in 2004 about the housing collapse and the resultant recession.

He is now warning me that things are going to get far worse. I’m sorry to say that his track record is very good.

[Uncle Miltie]

In Re: Bears

"They called three of the last fifteen recessions correctly."

[jveritas]

If the recession ends by Mid-2009 then this would have been a mild recession. I hope that this is right for the sake of everyone but I am afraid that it may take us a lot longer than that to recover.

Also I expect that Obama, his media and their economic experts to change the definition of a recession in 2009 and all the way during Obama presidency. If the stocks go up slightly then there would be no recession even if the GDP growth is negative.

[VaBthang4]

Nouriel Roubini is the man.