Heard some very disturbing things about the economy over the weekend from a reliable source in the upper echelons of the financial world:

Gold to hit $2000 - by summer of 2010
Oil to hit $130 a barrel - by summer of 2010
Unemployment in the US may hit 15% (U3) before stabilizing - end of 2010

My point about the stock market was due to the mouthbreather serving as a newsreader commenting about how the US stock market was over 10,000 and she used it as a reason why the US was out of the recession.

There are going to be some significant change to the defition of recession before it actually ends. GDP doesn't mean #### when 20% of your population isn't working.