Thirteen months after our Oct. 2006 prediction of a recession starting in Q4 2007, the news goes mainstream.
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Recession Fears Go Mainstream
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Re: Recession Fears Go Mainstream
The likelihood of a recession is now more than just a CNN or Cafferty File poll. Harvard University economist Martin Feldstein, president of the National Bureau of Economic Research, a private, nonprofit, nonpartisan research organization, describes a recession as "more likely than not." Read the article on Bloomberg.com (link below).
http://www.bloomberg.com/apps/news?p...d=aO0JOlehR6EI
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Re: Recession Fears Go Mainstream
Further, the consensus of economists gathered at the American Economics Association was that a recession is "almost a given." See the story on MarketWatch.Last edited by Verrocchio; January 07, 2008, 06:54 PM.
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