CIBC's Jeff Rubin is at it again...

[GRG55]

Jeff Rubin's latest.

Just what we need with the Corn Flakes to start the morning...:p



Forecast highlights:

• 1% US GDP;
• 4% inflation;
• Fed funds up 200 bips by end 2009;
• A collapse in US new vehicle sales to 11 mm units/yr in 2 years;
• Oil averages $150 in 2009 and $200 in 2010 [despite all else].