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Burton Malkiel
Burton Malkiel
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Professor of economics, Princeton University and author of "A Random Walk Down Wall Street"

We're in a very slow, lousy economy. It doesn't feel good. We won't have a V-shaped recovery. Companies won't get credit they need. People with slightly imperfect credit won't be able to buy a house.

One scenario has it that there will be a big bounce in the second half of the year because of the tax rebate. I am skeptical. 2008 will not be a super year.

NEXT: Charles D. Ellis

Last updated April 28 2008: 1:20 PM ET
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