12.22.2008

Will the economy suddenly "go poof"?


Wells Fargo so confident recession will end in '09

Excerpt:

The second half of '09 is going to be "better than expected," said Jim Paulsen, chief investment strategist for Wells Fargo Capital Management:

"It's like you're at a cookout and you're trying and trying to get your charcoal going and you keep squirting lighter fluid and all of a sudden it goes 'poof!' "


Comment: Quote from the 2008 Economics Conference.

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