Monday, December 10, 2007

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


At 1:33 PM, Blogger Paras said...

have you ever traded on intrade?


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