Wall Street's Recession Reversal Echoes 2007's Optimism, Warns Expert Wall Street’s economic forecasters, who were once bracing for a recession, have largely reversed their predictions—a shift that raises eyebrows among some market veterans. This newfound optimism is eerily similar to the mood in 2007, just before the financial crisis, according to Albert Edwards of Société Générale. Despite recent stock market highs and strong data on nonfarm payrolls and GDP, Edwards cautions against letting these bright spots overshadow weaker economic signals. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Global Currency Shifts: Dollar Rises, Yen Struggles, and Europe Reacts READ MORE Housing Costs Fuel Jump in Core US Inflation READ MORE Copper Surges over $9,000 READ MORE Five Commodity Trends Shaping Global Markets READ MORE Inflation Cools, But Debt Troubles Persist for Lower-Income Americans READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment