Recession Odds

Market watchers are all interested in the odds of a recession.  You will not get an accurate view from stories making a big splash.  Since an economist is unlikely to be newsworthy by predicting a 10% chance, it is not surprising that Barry Ritholtz’s citations of recession odds predictions ranges from 30% to 70%.  (Roubini […]

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Recession Odds

Market watchers are all interested in the odds of a recession.  You will not get an accurate view from stories making a big splash.  Since an economist is unlikely to be newsworthy by predicting a 10% chance, it is not surprising that Barry Ritholtz’s citations of recession odds predictions ranges from 30% to 70%.  (Roubini […]

Read More