Are we no longer the contrarian view?

[porter]

It seems like everyone is doom and gloom these days. Sure, there are a lot of known problems on the horizon that could put us into a tailspin, but is the real contrarian view today one of optimism on the American economy? After all this more optimistic view would have provided a hefty return from stocks and bonds for the past 2 years. It also seems as though EJ's latest forecast is stepping back a bit from the prior forecast of recession before 2013. What do you think?


http://www.nytimes.com/2012/02/05/ma...ions.html?_r=1

[FRED]

Re: Are we no longer the contrarian view?

It seems like everyone is doom and gloom these days. Sure, there are a lot of known problems on the horizon that could put us into a tailspin, but is the real contrarian view today one of optimism on the American economy? After all this more optimistic view would have provided a hefty return from stocks and bonds for the past 2 years. It also seems as though EJ's latest forecast is stepping back a bit from the prior forecast of recession before 2013. What do you think?


http://www.nytimes.com/2012/02/05/ma...ions.html?_r=1

The Jump Ball article says the US economy is vulnerable to a recession and identifies five risk factors that could send the US economy into recession in 2012.