It's rare that economists agree with one another, but these are historic times and a lot of unusual things are happening.
The WSJ's latest economic forecast survey indicates that, by a 3-to-1 margin, economists agree that we're in a recession. They also agree that we've yet to hit bottom:
In addition to forecasting GDP, inflation, unemployment, interest rates, and housing, the economists were asked to grade Bernanke (he got a C+), assess the Fed's handling of Bear Sterns (80% approval), when home prices will hit bottom (1st half 2009), inflation risk (moderate), and the biggest downside risk to their forecast (further deterioration of the credit markets).
More at the Wall Street Journal:
- Charts & Data (cool interactive features)
- Article
During her time at Glenbrook, Erin focused on client engagements in business payments, cross-border transactions, bill payment, and the intersection of corporate finance, banking, and ERP/accounting. She has nearly twenty years of experience leading increasingly complex payment initiatives for corporate clients and advising financial institutions and payment technologists on the development of their payment capabilities.
Erin is also the founder of Forte Financial, a consulting firm focused on corporate finance efficiency, technology, and process improvement. She is a past president of the Financial Women’s Association of San Francisco and also a two-term past president of the San Francisco Treasury Management Association. Erin is no longer with Glenbrook, but contributed greatly during her time at the firm.