Tuesday, April 8, 2008

Greenspan Recession Probability Update Alert!

Geez, is it ever going to stop? This story from Reuters contains about the 23rd in the excruciatingly long series of recession predictions from former Fed Chairman Alan Greenspan.Proving that he does indeed possess the ability to forecast in real time (but not very well), the latest recession probability update comes in at better than 50-50 odds for a recession sometime in the future.More than 50 percent chance of U.S. reces[...]

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[Source: The Money Blogs]

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