June 2009: That's the average date given by economists for the end of the downturn, in a new survey published by the Wall Street Journal.

Never mind that the headline is "Outlook Darkens as Recession Deepens." I'm living for that June 2009 bit, rightly or wrongly. How about this from the Journal:

"The downturn would be deeper still, in our view, were it not for an ultra-aggressive combination of monetary and fiscal stimulus that will soon move into high gear," Morgan Stanley economists Richard Berner and David Greenlaw said in a research note. "Authorities are pulling out all the stops: Quantitative easing by the Fed and the largest-ever fiscal stimulus package likely will promote stability in the economy late in 2009 and a moderate recovery in 2010."

categories: Forecasts

2:54 - December 11, 2008

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