Economic Development Futures Journal

Sunday, June 11, 2006

counter statistics

Is a U.S. Recession Ahead?

"Wall Street's latest scare about the U.S. economic outlook may simply be a healthy, if sobering, reality check, but many experts doubt the United States is on the verge of its first recession in five years.

Financial markets' tendency to discount either feast or famine is a major factor in the recent wild swings which have seen stock markets go from betting on a never-ending boom just one month ago, to fearing a hard economic landing this week."

Source: Reuters

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