Bullish Outlook for 2008 from Wall Street

Even with Intrade placing 40%+ odds on a recession in 2008, Wall Street sentiment for 2008 is high.

Bloomberg summarized the overall bullishness from Wall Street strategists in this article.

Here is a link to Lehman's Global Strategy Outlook for 2008.

In other news of note:
- High end retailers call this one of the worst holiday shopping seasons since 2002
- MBIA secures fire-sale type financing from Warburg Pincus