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JoC Week

| November 10, 2008 | COPYRIGHT 2002 All Rights Reserved. (Hide copyright information)Copyright

Look beyond Odoom and gloomO on the economic front

For those trying to make sense of current economic developments, Nariman Behravesh has some advice: ODonOt get too carried away with the doom and gloom.O Behravesh, chief economist at IHS Global Insight, says 2009 will be Oa terrible yearO for the economy, but that he looks for a modest recovery in 2010, and Oby 2011, we should come roaring back. I think itOs important not to lose sight of that fact.O He said the economy is paying the price for years of easy credit that caused a bubble in prices of commodities, currencies, housing, stocks and other assets. During the next year, he said, growth in the U.S. and other …

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