Doomsday in the Fever Swamp

Economics
Financial Markets
Author

Stephen Kirchner

Published

April 2, 2007

Just in time for April Fool’s Day, Time magazine profiles The Armageddon Gang.  As the article notes, their ‘stark, almost Puritan way of looking at the world… has been out of step with economic reality for the past quarter-century.’

Meanwhile, Intrade’s US 2007 recession contract is in the grip of a bear market of its own: