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2009 Market and Economic Predictions
OK GANG...hang on to your hats...and while you are doing that, add a huge dose of positive energy and hope for life-affirming change. Here is Matt Heaton's 2009 Predictions post. As you know, Matt is a self-described " serial entrepreneur" and is the co-founder of  ActiveRain ...
As promised I put together my list of market and economic predictions for the New Year.  I somewhat unfortunately managed to go 10 for 10 in last years predictions (Recap).  Admittedly my crystal ball is a bit hazier this year, and the law of averages should give people hope.  Sorry, if my predictions this year aren't any more optimistic, but I'm not going to pull a David Lereah and will just call them like I see them.
1. The "Credit Crisis" morphs into much wider economic crisis
During 2008 we saw what was first labeled as the sub-prime crisis morph into a mortgage crisis then a credit crisis as problems spread to every type of debt security.  This year we are going to see the issues spread much deeper into the wider economy.  Job losses, particularly during the last quarter of 2008 were horrific using the reported government numbers, but downright terrifying when you factor ... more

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