I agree with this guy's comments on the Double dipstickers view of the probability of double dip recession. Basically it is FBS. And these ivy leaguers and academics get huge research grants or huge salaries/bonuses, to make the.

But I don't agree that these economists/strategists' are well intentioned. They are basically expousing a view to align market direction to their firm's positions.(eg Goldman Sachs) Don't believe any reseach that a firm which has a proprietary trading desk taking positions. None of the research/advice is independent nor objective.