As we kick off the New Year, let's review the latest dismal economic and financial data and the consensus views of what lies ahead in 2009 for the economy, the credit crisis and the markets. As you might expect, most of my trusted sources believe that the recession will be with us for a while, but there is hope that the economy will begin to bottom out sometime late this year - aided by more huge government bailouts that President-elect Obama has in store for us....
Filed under: Gary D. Halbert, GDP, Economic Forecast, Barack Obama, Politics, Bailout, Economy, Scotia Partners, Halbert Wealth Management, Financial Crisis, Deflation, Government, Bank Credit Analyst