Comments on: Morgan Stanley: Recession will ‘end by mid-to-late summer’

By: Is 2009 tracking a 1930 Great Depression scenario? - Credit Writedowns

Is 2009 tracking a 1930 Great Depression scenario? - Credit Writedowns — Mon, 15 Jun 2009 03:14:29 +0000

[...] predicting recovery sometime later this year, many have forgotten that downside risks remain. Berner, Roubini, Volcker, Krugman and Bernanke have all come out essentially saying they would not be [...]

By: Lori Knight

Lori Knight — Sat, 13 Jun 2009 17:51:36 +0000

What a crock of crap. Morgan Stanley is the most corrupt broker out there.

The only reason they are saying this in to instill investor confidence so they can MAKE MONEY off of clueless rubes who have a few nickels (left) to rub together. The recession is not over. It going to get MUCH WORSE once the commercial loans start coming due in Sep.

THAT will make the housing debacle look like a game of monopoly.

DON'T BELIEVE THEM. Check out the archives at moneyandmarkets.com to see what I mean.

By: Lori Knight

Lori Knight — Sat, 13 Jun 2009 16:51:36 +0000

By: Initial claims hit lowest in 5 months, continuing claims hit record - Credit Writedowns

Thu, 11 Jun 2009 14:35:15 +0000

[...] A lot of professional economists are now seeing a potential end by the end of Summer. Richard Berner and David Greenlaw at Morgan Stanley and Paul Krugman of Princeton are three notables here. Robert Gordon of [...]

By: When will the U.S. recover? - Credit Writedowns

When will the U.S. recover? - Credit Writedowns — Thu, 11 Jun 2009 01:22:13 +0000

[...] = ‘edwardnh’;Since so many economists are signing up to the second-half recovery meme (Berner, Gordon, Krugman, Bernanke), I am going to ask you whether you believe them or [...]

By: Edward Harrison

Edward Harrison — Wed, 10 Jun 2009 15:50:29 +0000

Stevie, I also liked Stephen Roach a lot more than Berner as well. Berner's post about recovery still seems to be directionally right and he also seems to be more cautious about the longer term-growth path during a probable recovery.

By: Stevie b.

Stevie b. — Wed, 10 Jun 2009 15:46:56 +0000

Ed – I've read MS research for a good long while (up til recently). As you know, I valued the comments of Steve Roach beyong those of most others. but IMHO Berner is not in the same league. For all I know, he may be right this time for a short time – but for me his track-record is mundane and we can all be right now and again – without being paid for our opinions…