The stock market has stabilized over the past few weeks here in the US. This has coincided with a belief that things might not be as bad as expected here in the US on the economic front. One way to highlight sentiment towards the US economy is through Intrade's contract for whether or not the US will go into a recession in 2012. As shown below, the odds have plummeted recently down to just 25.1%, which is the lowest level seen since mid-2011 before Europe really went haywire.
Subscribe to Bespoke Premium and gain access to our 2012 outlook piece -- The Bespoke Report -- when it is released next week.