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I’m a pessimistic optimist, in that I expect the worst, and if the worst doesn’t come to pass, it’s gravy. This new year has the potential to be just as bad economically as 2011, but I have hope.

Trouble is, hope don’t feed the bulldog, so we’re forced to hunker down until the storm passes. There’s a small patch of blue sky on the economic horizon that suggests the worst may be over.  Don’t bet on it clearing until after November when the political pendulum begins its slow return to normalcy, providing plenty of gravy and mixed metaphors for all on The Overnight Open Thread.