Its too early 2 make any prediction

Did u think that the bearish phase is over? OR

The world economy is on the right track??????

If u think so,than i think it is too early to make such prediction becoz stil there are many things which are not on the right track and without which the economy of the world cannot be improved.Like the US GDP fell by more than 6% in the present quater,China's export have fallen by a quater but less than Japan's 49%.Also the fall in GDP of OECD's is over 5%. The world bank has also increased its estimates of the fall in world's GDP in 2009 to 3.9%.

But still there are many experts as well as the macro indicators coming from various economies give the impression that the worst of economic downturn is over and the bear is behind us.

Conclusion:
Therefore i think that it will be too early to make any prediction about the future because as every bear experience a series of big rallies followed by corrections before market decisively move into a bull phase and this process can take over 24 months.Also unless and untill the factors mentioned above are not on the right track,the world economy cannot come out of the bearish phase.And all the nations have to come forward and take necessary steps to bring the economy on the right track.