View Full Version : Recession Fears Go Mainstream

01-05-08, 02:07 AM
Thirteen months after our Oct. 2006 prediction of a recession starting in Q4 2007 (http://www.itulip.com/forums/showthread.php?p=3899#post3899), the news goes mainstream.

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01-07-08, 06:06 PM
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).

01-07-08, 06:23 PM
Further, the consensus of economists gathered at the American Economics Association was that a recession is "almost a given." See the story on MarketWatch (http://www.marketwatch.com/news/story/economists-say-2008-year-forget/story.aspx?guid=%7BF1BD8B30%2DB628%2D4AA3%2D853E%2 D1FDD8D54A33E%7D).