MacroScope

You know it’s bad when….

December 10, 2008

The dismal scientists are getting downright depressing these days, but at least they haven’t lost their sense of humor.

Research desks are churning outĀ annual outlooks for 2009, and needless to say they’re gloomy. But Wachovia‘s economics team has taken dark to a whole new level with an Alfred Hitchcock-inspiredĀ report entitled “When will this horror show come to an end?”

“Watching the developments in financial markets this year was like squinting through closed fingers during the iconic shower scene in Alfred Hitchcock’s 1960 thriller, ‘Psycho’. You could almost hear the soundtrack of screeching violins during televised financial news, and this time it was your assets going down the drain.”

We’ll cut the suspense: Wachovia thinks the U.S. housing market will bottom in the next year or so, but the economic recovery will be “agonizingly slow.”

So, what horror movie do you think best describes the 2009 economic outlook? Share your thoughts in the comments section below.

Comments
3 comments so far | RSS Comments RSS

“The Man With Two Brains” not really a scary movie but I think it fits.

Posted by Jerm | Report as abusive
 

It’s like being a counselor at Camp Crystal Lake in “Friday the 13th”. the fun stopped, the scariness started, and no matter where you tried to hide, somebody is getting the axe.

Posted by El Commissionero | Report as abusive
 

Texas Chain Saw Massacre, where The Economy stars as Leatherface and runs around sawing up Homeowners who were bad at math, Real Estate “professionals” who can’t believe the bubble is over, and the smug, arrogant, greedy short-sighted loan brokers/Wall St. financial wizards who produced NOTHING of TANGIBLE value – except big commissions for themselves without the back-end downside risk.

Posted by Russ | Report as abusive
 

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