Friday, December 4, 2009

Predictions 2010: Stocks, Jobs, Inflation & More

By: Dennis Kneale CNBC Media & Technology Editor

A funny thing happened on the way to Armageddon. The experts declared, "Game Over". The Wall Street model was dead and profits would take years to recover; the consumer was exhausted; credit markets were frozen: and the economy would languish for years to come. As for mergers & acquisitions and hedge funds and the private equity business: fuhgeddaboudit.They were, all of them, just wrong, wrong, wrong. Our economy is healing more quickly than legions of pixel pundits ever believed possible. I’m sorry to gloat, guys, but while many so preached doom a year ago, I was sellin’ the hope.

http://www.cnbc.com/id/34124400

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