03 October 2011

Is the Whole World Going Into a Recession at the Same Time?

As the third quarter comes to an end, strategists and investors are beginning to prep their clients and portfolios for the chance that the whole globe slides into a recession at the same time. The worse news is that with uncertainty in Europe, the U.S. and China as high as when the quarter began, they can’t find much to do about it.
 
Yes... and then some. The word "recession" is inadequate. -- MCR

Click here to read more at cnbc.com
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