by Jon S. Strebler
That is what at least one top economist sees as the message from Camp Kotok this year. As in past years, this gathering of leading economists at a remote site in Maine over several days yielded a consensus of what the next twelve months will bring. A bumpy ride over rough waters, with little progress to show for it – that's another way their view of the future has been described. And that bumpy ride with little progress is a result of the uncertainty ahead, uncertainty due to oversupply of money, of debt, and of cheap labor. Those are the views of Megan Green, chief economist for Manulife Asset Management in a recent MarketWatch
story authored by Andrea Riquier.