I agree. Usually I see the more pollyannish economists talking about a short economic set-back, but confidence is such an integral part of a recovery that you wonder if they are just playing their role, as written by the moneyed intersts that employ them. So it is nice to see something that could be a more accurate description of current events, and my oh my, A+ for style.
Good ‘radar centers’ for tracking this storm’:
http://calculatedrisk.blogspot.com/
and
http://globaleconomicanalysis.blogspot.com/
plus the previously noted:
http://www.bloomberg.com/markets/stocks/futures.html