After a year-long hangover in 2008, the real estate industry is hoping for some strong, black coffee in the new year.
For several components of the tech sector, Wall Street analysts believe 2009 will be a year of transition. The first half will be painful, the second half slightly better, but the real recovery won’t occur until 2010.Here's the outlook for four key sectors.
While the overall market is unlikely to stage a major turnaround any time soon, experts agree there are a handful of investments that are heating up and could help you recoup some gains.
"We're assuming 2009 is going to be a poor year for stocks," says one investment pro. "At the same time, we're looking at investments in high-income vehicles yielding 8, 9 and 10 percent that have nowhere near the risk of common stocks."
Once the shock of the past year wears off—and the economy shows signs of recovering—investors might find bargain-priced stocks attractive again.
Foreclosures will continue to rise unless the government comes up with an effective program that works for lenders and borrowers, sales of existing homes will bounce back and look for a major home builder to go belly up.
Turn up the gloom factor in 2009. Markets will remain volatile, recession will bite deep and the term "uncharted territory" will be the buzzword of uncertainty.
In 2009, media faces a perfect storm—transitioning to a challenging new digital world and a weak economy of unprecedented proportions. Media giants will continue to move from traditional content distribution models to anytime, anywhere, content-on demand.
Look for whatever stimulation proposal to come out of the Obama administration to be focused on infrastructure spending, expect banks to sell a lot of debt and the Fed to cut interest rates again, if necessary.
Obama isn’t a moderate but he’ll play one on TV, the credit dam will break and the recession will end, sort of.
Kobe Bryant and the Los Angeles Lakers rise again, Brett Favre stays in the game, the Olympic Committee makes a stunning move and more pro sports teams than ever go up for sale.
After watching the dysfunctional, bickering Congress and a Bush Administration that looks out of gas, there are finally legitimate reasons for optimism coming from Washington—and when was the last time you heard that?
Brace for the glimmerings of a comeback in confidence in 2009, if only because it can’t get much worse than this. So, look for a corporate smashup, a new look from Goldman Sachs, and, yes that's right, the next bubble.
It is prediction time. Our bloggers have gone on the record. Now, we'd like to hear yours.
The big questions for the coming year are how long and deep will the recession be and how it will compare to those of the past.