Retire Soon
Full time employment: Posting here.
- Joined
- Nov 23, 2005
- Messages
- 655
Global Insight just published its, "Top 10 Economic Predictions for 2008":
1. "U.S. growth will be the weakest since 2002, and possibly since the last recession."
2. "Most other regions of the world will also decelerate."
3. "There will be no significant cooling in China and the rest of Asia until late 2008."
4 "Oil prices will ease, but remain at high levels."
5. "Core inflation will edge down."
6. "The Federal Reserve will keep cutting interest rates."
7. "Housing sector activity will bottom out in mid-2008."
8. "The U.S. current account deficit will continue to improve."
9. "The dollar will reach a trough with some currencies in 2008."
10. "The U.S. growth rate barely positive through mid-2008, even a small shock will push the economy over the edge."
It would seem that if #5 and #6 turn out to be true and number #10 fails to materialize that 2008 could turn out to be a year of positive gains in the U.S. stock market. Do you agree or disagree?
http://www.globalinsight.com/publicDownload/genericContent/TopTenPredictions2008.pdf
1. "U.S. growth will be the weakest since 2002, and possibly since the last recession."
2. "Most other regions of the world will also decelerate."
3. "There will be no significant cooling in China and the rest of Asia until late 2008."
4 "Oil prices will ease, but remain at high levels."
5. "Core inflation will edge down."
6. "The Federal Reserve will keep cutting interest rates."
7. "Housing sector activity will bottom out in mid-2008."
8. "The U.S. current account deficit will continue to improve."
9. "The dollar will reach a trough with some currencies in 2008."
10. "The U.S. growth rate barely positive through mid-2008, even a small shock will push the economy over the edge."
It would seem that if #5 and #6 turn out to be true and number #10 fails to materialize that 2008 could turn out to be a year of positive gains in the U.S. stock market. Do you agree or disagree?
http://www.globalinsight.com/publicDownload/genericContent/TopTenPredictions2008.pdf