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jb1967lbk

02/09/09 6:57 PM

#267539 RE: jimmym4 #267534

I think things 6 to 12 months from now will be better than you think.

I think 3rd quarter corporate earnings will be growing again, compared to 3rd quarter 2008. I think the S&P will be higher than it is right now. And I think the unemployment rate will have stablized and maybe even begun to slowly go back down.

It won't all be fun, though. I also expect the CPI to pick up a little bit and I think the Fed is going to have to raise rates before the summer is over. Gasoline will probably be back up over $2/gallon again. But the economy should be well into recovery mode by then.