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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (93244)1/23/2009 8:27:01 PM
From: dave9  Read Replies (2) of 116555
 
"Well-written, well-researched and crisp". I like how the best blogs were required to be original material. No regurgitate crap.

I went looking for what what is going on with those who disagree with your research. I think I have found your opposite, your nemesis . . .

In today's (1/17) Barron's Roundtable Abby Joseph Cohen recommends BAC. Unfortunately the story is from January 5, 2009, when BAC was 14. I bet Abby gets paid more every month than I do in a year. Chief soothsayer to Goldman Sachs. Kind of like fortune teller to the intergalactic alien overlords.

Abby also thinks that the recession will be over by June.
"Cohen said her firm predicted that the recession would end in six months or so, at least in terms of declining (gdp)."
philly.com

I was able to find seemingly dozens of reports of Abby's predictions. At a Philly seminar while only 25% of the business execs said they planned on hiring anyone, she was saying that a rebound was not far off.

The one bloomberg says is the most bullish investment strategist on Wall Street for 2008:
bloomberg.com

Me, I think the economy will suck for a long time.

Good job Mish. It has gotten better over time.

- David
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