The LA Times ran a story last weekend titled, Still Betting on Economic Doomsday -- and Still Waiting. The article highlighted the plight of what Barry Ritholtz calls the Zombie Bears -- "pundits" who will state the economy is on the brink of economic collapse regardless of the underlying data. What is most important is these "pundits" have been wrong for the last five quarters when the economy has grown and all evidence indicates a recovery is underway. Yet, for reasons unknown, their writings still spread like wildfire throughout the blogsphere.
So many purty V shaped graphs! they get me really really corny!