Monday, May 18, 2009

When will the economy recover ?


Today we're running a poll on when the economy will recover. There has been much talk recently about the "green shoots" of the economy both here and in the U.S so lets find out what you think ?

I'll put my neck on the line by gazing into my silicon ball and forecasting the following:-

1) Stock markets - the current rally is a bear rally. Markets will generally decline by early June 2009 to rise again in the next Bull market in October 2009.

2) Unemployment will contine to rise surpassing 3 million in 2010.

4) House prices will turn around in spring 2010.

5) Economic growth will turn positive in Q2 2010.

That's my view so let's hear yours.

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