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As a business owner my prediction has been for the economy to bottom out right about now and after Obamas inauguration to begin a slow upturn. By the end of the first quarter and halfway through April(tax time)we should start seeing an upswing towards whatever the new normal is going to be.
Sounds about right to me. I am not sure how much of an up turn we will see, my guess is that the new "normal" will be somewhat lethargic.... there are not a lot of new young consumers coming along to replace the aging boomers... and there will be less artificial pumping up of the economy... etc.
"It's not a lie if you believe it." -- George Costanza The whole problem with the world is that fools and fanatics are always so certain of themselves. --Bertrand Russel