66% of Investors Don’t Expect Recovery Until 2010 or Later

A full 66% of investors do not expect the economy to improve until next year or even later, and only 34% peg improvement for this year, online brokerage TradeKing found in a survey of 3,000 of its customers.

Among those bullish on this year, 14% say improvement has already begun, and 20% think it will kick in by year-end. Among those who foresee a longer timeline, 36% think 2010 will be the magic year, and 30% think the recession will drag out longer.