No Bottom Yet

Economists polled by the WSJ see the US in a Recession, sees more problems for Housing, more uncertainty with Credit, and more weakness for Consumer Spending.

Bernanke’s rep holding up better than Hank Paulson

More on this economists survey later today . . .

Source:
U.S. Economy Hasn’t Hit Bottom, Survey Says
PHIL IZZO
WSJ, April 10, 2008
http://online.wsj.com/article/SB120776362649702195.html

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What's been said:

Discussions found on the web:
  1. mitch commented on Apr 11

    A contrary indicator if you ask me? When is economic consensus ever right. Having said that, we are nowhere near the bottom.

  2. GMF commented on Apr 11

    “…the Bear Stearns, uh…’situation'”

    That made me chuckle.

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