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Kass: Fear and Loathing on Wall Street

Stock quotes in this article: RIG , FCX , MHS , PBR , STO , PCU , CVS  

This blog post originally appeared on RealMoney Silver on Feb. 17 at 8:59 a.m. EST.

"I hate to say this, but this place is getting to me. I think I'm getting the Fear."

-- Dr. Gonzo, Fear and Loathing in Las Vegas by Hunter S. Thompson

It has been several months since I have published a lengthy assessment of where we stand (and in what direction we might be going) in the economy and in the stock market. The intention of today's exercise is to lay out my baseline expectations for 2009, so please excuse the length. (For the abridged version, go to the last six words at the end of this column.) ...

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