milliondare.com

The WSJ reports:

“On average, the 52 economists surveyed now expect U.S. gross domestic product to contract in the third and fourth quarters of this year, as well as the first quarter of 2009.”

I strongly believe the fundamentals of the world’s economies are sound, and most of the panic and negative outlook is purely financial.

I am perhaps idealistic in my not-so-negative outlook for what’s to come, but as is everybody’s guess, only time will tell.