Dr. Robinson said his outlook calls for "the potential for some very stormy and dicey weather in the next few weeks".
If we do not undertake the monetary stimulus that the grim outlook calls for, then our economies and our people will suffer avoidable and potentially lasting damage.
Thursday's outlook called for cloudy skies and scattered showers and thunderstorms, possibly heavy in some areas in the morning, along with abundant clouds with scattered rainfall, along with areas of fog at night.
Posen, who has been a lone voice calling for more quantitative easing this year, said: "If we do not undertake the stimulative policy that the outlook calls for then our economies and our people will suffer avoidable and potentially lasting damage".
In September, the company lowered its outlook, calling for earnings of $1.45 to $1.75 a share, down from an earlier call of $2.20 to $2.30 a share, as it increased promotional spending in response to increased competition.
The fund said the darker outlook called for an even stronger policy response, including maintaining a high primary surplus in the public sector, a renewed effort on banking reforms, better management of public resources and development in the private sector.
Outlook calls India's zippies "Liberalization's Children," and defines one as "a young city or suburban resident, between 15 and 25 years of age, with a zip in the stride.
The New York Tribune called it "one of the most thrilling stories we have ever read", the Outlook called it "distinctly repulsive", the Bookman "cruel and untrue", the Independent "the most hopelessly evil story that we could have read in any literature".
Penney's full-year outlook calls for a 31% drop in profits, to $3.29 a share.
Goldman Sachs' year-end economic outlook calls for 4.4% growth for the U.S. in 2010, followed by 4.5% growth in 2011.
