Aug 27, 2011

Gene Epstein on the odds of recession

I would put the danger of recession at 30% - bad enough, but it still means 70% against. A 30% risk is also still the reading on the Credit Suisse model, reported over the past two weeks, about the chances of recession over the next six months.

~ Gene Epstein, "Rejecting the R-Word," Barron's, August 29, 2011

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