Tuesday, March 11, 2008

US recession: the end of the argument

US recession: the end of the argument

The US is in recession. There’s simply no pretending otherwise – unless of course you're the chairman of the Fed, or one of the many fund managers with your future mortgaged to the US stock market. And the decoupling theory has been completely debunked. As the US slows, so slows the world...

Posted by damien @ 11:03 AM (476 views)
Please complete the required fields.

One thought on “US recession: the end of the argument

  • Officially, a recession in the U.S. is announced by the NBER (National Bureau of Economic Research), an independent, non-profit research organisation that was founded in 1920.

    Of course the recession always starts prior to official recognition and it does indeed look like growth has probably gone negative in the U.S. and unemployment, which has shrunk for two consecutive months for the first time since May-03 is usually a lagging indicator the quarterly moving average has also dipped below 0).

    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>