Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (443497)	12/31/2008 10:18:04 AM
From: Road Walker	Read Replies (2) \| Respond to of 1572780

What is shaping up as the deepest and longest recession since the 1930s will end in the second half of 2009, Wells Fargo's senior economists predicted during the company's annual economic forecast teleconference. Man, they are really sunny optimists. I figure sometime late 2010 at best (maybe if at all).

To: bentway who wrote (443497)	12/31/2008 10:31:49 AM
From: michael97123	Respond to of 1572780

2nd half 09 is actually good news.

To: bentway who wrote (443497)	12/31/2008 10:38:48 AM
From: i-node	Read Replies (1) \| Respond to of 1572780

Wells Fargo Economists Predict Worst Recession Since 1930s Will End in Second Half of 2009 If it ends the second half of 09 it isn't the worst recession since the 1930s. Duh.

To: bentway who wrote (443497)	12/31/2008 11:54:27 AM
From: tejek	Respond to of 1572780

The ongoing impact of $2 trillion in government stimulus, with other factors such as pent-up consumer demand and returning consumer confidence, will finally lead to a turnaround, and the third quarter of next year will be "better than expected" by many, said Dr. Jim Paulsen, chief investment strategist of Wells Capital Management. "It's like you're at a cookout and you're trying and trying to get your charcoal going and you keep squirting on lighter fluid and all of a sudden it goes 'poof!'" Paulsen said. After reading the posts over R RE Crash regarding TVs, the American consumer is alive and well if only slightly asleep. The discussion about TVs was like a shark feeding frenzy. <g>