Economists

Can The Stock Market Save The Economy?

A friend of mine, someone completely outside of the Wall Street world, asked me this question a few days ago and in addition to being at an utter loss for the answer, I thought it was one of the more interesting questions one could ask right now. My friend, we’ll call him Dirk (if only…

Forecasters See Recovery… Jobless Recovery

This came out from the Philly Fed on Friday night… The Third Quarter 2009 Survey of Professional Forecasters got a smaller response than normal (only 34 economists participated) but the results are interesting nonetheless. By no means do I endorse the reliability of what this group has to say.  On the panel, you have some…