After a 2 year hiatus from annual predictions, here’s what I see happening in the precarious Year of our Lord Two-thousand nine: The Dow: The Dow trades within a range of 1,000 points with a daily average closing of 8,500. GDP and Economy: By July, everyone pretty much calls the situation “Great Depression II.” Unemployment, which declines in the first quarter, increases to more than 12 percent by fall. Gross Domestic Product by quarter:
Predictions for 2009
Predictions for 2009
Predictions for 2009
After a 2 year hiatus from annual predictions, here’s what I see happening in the precarious Year of our Lord Two-thousand nine: The Dow: The Dow trades within a range of 1,000 points with a daily average closing of 8,500. GDP and Economy: By July, everyone pretty much calls the situation “Great Depression II.” Unemployment, which declines in the first quarter, increases to more than 12 percent by fall. Gross Domestic Product by quarter: