10.22.2009 11:55 am
St. Louis Post-Dispatch
Joel Prakken, chairman of Macroeconomic Advisers, said this morning that he expects the nation’s economy to grow about 4 percent next year and almost that fast in 2011. That means the recession is definitely over, and Prakken admits that he’s…

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10.12.2009 2:43 pm
St. Louis Post-Dispatch
Members of the National Association for Business Economics think that the recession is over, but that the unemployment rate will remain almost as high a year ago from now as it is now today. Those are the highlights of a…

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06.18.2009 11:50 am
St. Louis Post-Dispatch
The handout for Vince Farrell’s breakfast talk this morning looked rather bearish. It started with a recent graph of the S&P 500, highlighting two major bottoms in November and March. Succeeding pages showed previous bear markets — 2001-03, 1981-82 and…

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05.27.2009 12:12 pm
St. Louis Post-Dispatch
The latest survey from the National Association for Business Economics has some good news and some bad news about the macroeconomic outlook. A majority (74 percent) of the 45 participating economists think the recession will end by the third quarter…

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02.25.2009 8:53 pm
St. Louis Post-Dispatch
When last we talked to Ken Matheny of Macroeconomic Advisers, he was predicting that the recession would end in the second quarter of 2009. Now, he has pushed the projected recovery back to the third quarter. He also thinks gross…

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01.06.2009 3:00 pm
St. Louis Post-Dispatch
Barring a late flood of snail-mail entries, all of the predictions are in for my 2009 Economic Challenge. The headline: Readers are pessimistic about the economy, but think they can make money in the stock market.
The 44 entries are about…

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12.19.2008 3:17 pm
St. Louis Post-Dispatch
If you read today’s column, you know that it’s time to enter my annual Economic Challenge for 2009. You can enter by email (click on the byline at the top of this item) or by posting your predictions in the…

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12.02.2008 4:35 pm
St. Louis Post-Dispatch
When the National Bureau of Economic Research made its official recession declaration yesterday, a couple of questions came to mind. One, as expressed in one of the comments on our story, is, “DUHHH. Did it really take them that long…

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11.04.2008 4:03 pm
St. Louis Post-Dispatch
Economists are a gloomy bunch these days. Here, for example, is an excerpt from the National Association of Business Economics’ latest survey:
A full 38% of respondents expect U.S. real GDP to be lower in 2009 than in 2008, and 79%…

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10.16.2008 9:46 pm
St. Louis Post-Dispatch
As I mentioned last week, Macroeconomic Advisers Chairman Joel Prakken has declared that we’re in a recession. Yesterday, that reality was reflected in his firm’s forecast for the first time. The Clayton-based firm now says that gross domestic product shrank…

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