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Look For An "X" Shaped Economic Recovery

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RECOVERY LETTERS FETISH CONTINUES
"Will the economic recovery be enduring-V shaped? Collapse after a short time-W shaped? For the middle class, it may be none at all-an  X," writes Peter Morici.

Ok, enough! Seriously. This letter-shape recovery fetish is starting to freak us out a little bit.

See:
The Economist: U,V or W Recovery
Resource Intelligence: The U, V, Ws of the Great Recession
The Nation: Manpower Sees Signs of 'v' Recovery
New York Times: Predicting a W-Shaped Recovery
USA Today: What shape is the economic recovery in: U, V or W?
The Atlantic: Worries Over a W-Shaped Recovery
Marketwatch: Economists See U-shaped Recovery

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