Yahoo Finance is presenting a feature on the 2006 outlook. The intent of the numerous articles within the feature is thwarted by the first sentence in the first article: “Don’t believe anyone who claims to know.”
We’ve reached a difficult and puzzling fork in the economic road. In one direction lies the ugly prospect of a housing bust, leading to a collapse in consumer spending and ultimately a recession. In the other direction is the much more appealing vision of continued solid growth…
Now that we’ve concluded that anything can happen and nobody knows, we can predict more jobs and better pay. I suppose there’s nowhere to go but up, so this prediction doesn’t require a crystal ball.
Updated July 16, 2010 and originally published December 28, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.