WSJ Survey

According to a survey conducted by the Wall Street Journal, most economists expect the recession to end in August of this year. They expect the unemployment rate to climb to 9.7% by the end of the year, with two million more jobs lost over the next 12 months, even as growth returns to the economy (2% in the first half of 2010.)

Can't remember this English guy's name, but he is always so sure of himself when he comes on CNBC. For a while now, he's been saying that he thinks we'll see Dow 1000 before it's all over! They basically laughed him off the set after that. Who knows. I keep thinking of that evil (as my children call it) Elliot Wave chart that Jamie Saettele drew at the end of April.