Mark Cuban Predicts Dow to Bottom Out at 6,500. Why? No Jump Shot.
Speaking, as we were below, of The Great Depression II: Electric Boogaloo, Forbes asked some of the wealthiest folks in the U.S. and A. to predict where the economy's headed in the coming year. Among those to respond to the survey was Mark Cuban, who offers his prophecy in terms easily understood by Dallas Mavericks fans: "The entire economy has lost confidence in its jump shot. As a result, money will sit on the sidelines longer than we would like, and when it is put to work, it will be in very conservative instruments." --Robert Wilonsky
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you'll never miss Observer's biggest stories.