Other Opinions (gloomy)

Along with Warren Buffett, this latecomer to the R-word party as reported on CNNMoney.com:
___________________________________________________________________
The U.S. economy is two months into a recession, according to a research note released Friday by JPMorgan Chase & Co.
JPMorgan anticipates the current recession remaining short, unless there is an "abrupt change in corporate behavior."
In a short recession, the bottom occurs at about five months, Thomas Lee an analyst with JPMorgan wrote in a research note. Lee said during typical "short" recessions, equity markets gain about 12% in the year following the bottom.
___________________________________
Alternate view comes from Motley Fool website,
which posted an article entitled "It's Worse Than
You Think It Is." They see bottom still ahead!