...keep trade volumes trailing growth in the world's economies, mimicking a trend seen in the last two recessions.Sung Won Sohn, an economics professor at the Martin Smith School of Business at California State University, agrees with that forecast...

...very weak. Consumers are in no position or mood to spend. Their wages are down and they can't get credit," said Sung Won Sohn, an economics professor at California State University's Smith School of Business. Concerns about the economy sparked...

...factor likely to work in the market's favor in the coming year is there will be less uncertainty than in 2004, said Sung Won Sohn, the chief economist at Wells Fargo in Minneapolis. With the presidential election decided, terrorism concerns diminishing...

...maturity than in the past. "The market is behaving very well because investors are getting what they expected," said Sung Won Sohn, chief economist at Wells Fargo in Minneapolis. Even Federal Reserve chairman Alan Greenspan, who famously warned...

...year. Many economists say the economy is growing even more slowly now."The economy has lost some steam," said Sung Won Sohn, an economist at California State University, Channel Islands. "Some of the pistons in the engine are sputtering...

...of the year. "There is a wide gap between economists' top-down and businesses' bottoms-up outlooks," said Sung Won Sohn, chief economist at Wells Fargo in Minneapolis. "The economic baton won't pass from consumers to businesses as...

...said today. "This low savings rate doesn't augur very well for economic growth in the future," said economist Sung Won Sohn of Norwest Corp. in Minneapolis. "It puts a limit on how fast we can spend. ... We are spending a lot of money...

...to disrupt financial markets. "If the war goes badly, the Fed is going to need all the ammunition it has," said Sung Won Sohn, chief economist at Wells Fargo in Minneapolis. "I would expect the Fed to cut interest rates to zero in an extreme...

...Fed rate cut will help undergird a deteriorating global economic situation. But it isn't a magic bullet," said Sung Won Sohn, chief economist at Norwest Corp. in Minneapolis. Emphasizing the urgency, international authorities were busy...

...should stay on a growth track in the months ahead. "Economic growth is going to slow in the coming months," said Sung Won Sohn, chief economist at Norwest Corp. in Minneapolis. "But no recession is really imminent." The Conference Board's...