Aftcasting Recession . . .
Ecomomists are now admitting that we are in a recession in the US, according to National Association for Business Economics (NABE).
96% of their survey respondents said the U.S. is in recession today. With the S&P down 47%, telling us that the US is in a recession is hardly worthy of a news flash. Especially considering that most of the professional economists, as recently as the late summer, were claiming the US was not in a recession.
Monday, November 17, 2008 | 02:30 PM | Permalink
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