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Archive Home > 2008 > October > 27 > How gloomy will they get?

How gloomy will they get?

Pundits seem to be trying to out-gloom one another

By Michael M. Grynbaum / The Bulletin
October 27, 2008

Could the Dow reach 7,000? 700? Seven?

Financial forecasters are in a race to call the bottom to the bear market. And just as on the way up, when analysts competed for attention with their forecasts of bigger and bigger gains, the financial pundit class now seems compelled to out-gloom the next....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.