Wishful Thinking
Don't worry folks, because...
...a survey of 47 professional forecasters released by the National Association of Business Economists on Monday predicted the recession-hit economy would begin to recover in the second half of this year, returning to a potential growth trend in 2010.
The recovery was seen driven by the Obama administration's $787 billion economic stimulus plan, the group said.
Well, of course. How silly of us. If only we knew Zoltar and Miss Cleo were on the case we would have started buying equities last week. Now that the professionals have chimed in, I feel most comforted.
U.S. economy seen starting recovery in second half of '09: poll [Reuters]
