Greg Mankiw has an op-ed on the dearth of certainty amongst economists is going on and what will happen.
Signs that the housing market is starting to bottom out.
The plus side of a recession: Income Inequality diminishes significantly. Not much solace though, as Len Burman points out "Only if you don't like rich people," says Len Burman of the Tax Policy Center. "It's not like their share decline brings improvements for the middle class or the rest of America."