[phothus]

Since the IMF is invariably wrong, I take this as a good sign that it has already hit bottom.

Seriously, I expect a rather quick recovery in the second half, but that the recovery will be dampened by the many stupid things the government is doing to screw with the economy. Long term is messy with what will be too much liquidity floating in the market at the end of this year and an anti-market government in charge in washington.

[TigerLikesRooster]

Debts disappear in second half? I don't think so. Overall debt level could be really high for long time.

Time will come when stock market will go crazy with the news of 0.1% pickup in annual economic growth even against the backdrop of 20+% inflation.

[jiggyboy]

Since the IMF is invariably wrong, I take this as a good sign that it has already hit bottom.

Ah but that puts you in full agreement with CNBC. They started finding signs of a bottom in the housing market in 2006.