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

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To: Little Joe who wrote (98375)	6/7/2009 3:16:51 PM
From: mishedlo	3 Recommendations Read Replies (1) of 116555

Optimistic Unemployment and Housing Forecasts Looking Downright Silly globaleconomicanalysis.blogspot.com Economics may be the "dismal science" but economists as a group sure seem to be an optimistic lot. Yes, there are a handful of "doomers" like Nouriel Roubini but most economists did not see the recession coming until it was already 10 months old. Please consider unemployment forecasts. The Fed forecast unemployment at 8.4% in 2009 and the "adverse forecast" was at 10.3% in 2010. ... Mish

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