I'll start off by saying its 6 am and I am calling the jobs report coming out this morning to be a -60,000 to -65,000.. pushing unemployment to 5.2%

In the next 18 months taking us in to late 2009.

The Fed will put interest rates between 6.5% to 9%, starting with a 1% hike in July 08 (possible a .50% later this month, depending on future job reports).. This hike in interest rates will be raised to combat inflation ( not measured by CPI) at 11% (CPI numbers being 5%). If the inflation is getting out of hand quicker then the Fed thought, the Interest rate will go up very quickly.. to 6% with in 2 months.

Starting 2Q 09 we will be in full recession led by the Consumer sector.

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Pioneers are walking all around singing songs about Lenin and they should be shot for it.

Handlebars

"If you are looking for the guilty, you need only look into a mirror"- V

It is inaccurate to say that I hate everything. I am strongly in favor of common sense, common honesty, and common decency. This makes me forever ineligible for public office.
H. L. Mencken

come on you know you wanna play football..

Beagán agus a rá go maith.

Economic Left/Right: 3.75
Social Libertarian/Authoritarian: -2.87