Who wudda thunk it? Mish appears to have joined Dennis “The Recession is Over” Kneale.  Mish declares the “bottom is in” for GDP although hedging, calling it a “recoveryless” recovery and suggesting the possibility of a double dip later.  As more and more people throw in the towel and “buy in” to the recession is over mantra, the top of the bear market rally should appear.

One Comment on “Mish Capitulates?”

  • Marty Weiss did too yesterday on Howestreet when he said — things will calm down for a few quarters.

    So … does this mean that the market is indeed finally going to fall?

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