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Published on: Wednesday, March 04, 2009

In case you are feeling like running to cash, consider this — there are experts who are optimistic.

"We think the economy probably bottomed in January," David Magee told CNBC.  "We look at the quality spreads and the bond market, we see the default risks have fallen, and with that, we think that the economy's getting back on its feet."
The principal and portfolio manager of Magee Thomson Investment Partners is now waiting for some confirmation — but he's not waiting to recommend some stocks.

"We think you have the potential for a very brisk rally in the market," he said.  "We think this could be happening at any time." (Source: CNBC) 


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