Pounding the Table for a V-Shaped Recovery
May 5th, 2009 | By Contrarian Profits | Category: Notes From the Investment UndergroundDespite the worry of a flu pandemic, a unexpectedly large contraction in US GDP and a recent prediction by the IMF that US banks’ loan losses would top $2.7 trillion, the world, as Justice Litle puts it in Taipan Daily, “is pounding the table for a V-shaped recovery.”