I’ve heard rumors that we’ll be having more than just a recession by end of next year, latest.
I hope you are wrong. Rumors are flying everywhere.
My best guess is inflation. Bernanke is not going to let deflation take hold, but he can't force people to borrow. So his only choice is pure inflation, people will realize this and spend and speculate. The markets will do ok since they join in the speculation. But that will just mean we will get a big inflation blowoff before our recession instead of just a recession.