Wealth of Nations - It's the Economy, Stupid

by Clive Crook

Sat. Oct. 20, 2007


I am not an economic forecaster, but anyone can dream. And if I had to guess, I would say that the chances are better than even that next year's presidential contest will be fought against the backdrop of a recession. The stock market, so far, appears to disagree. You might prefer to trust the collective wisdom of a million investors betting real money. Usually I would advocate that. But you might also ask yourself, as I am, what on earth is Wall Street thinking?

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