“Today’s “partying,” he said, would lead to tomorrow’s “hangover.”
About Me
My name is Jevon MacDonald. I write about the impact of Social Business Design.
I am a co-founder at StartupNorth and was previously the Founder of Firestoker.com, to go further back than that you will have to go to my LinkedIn Profile.
Thomas Purves 10:32 am on September 17, 2007 Permalink
At the moment, ‘only’ one in three economists are predicting recession. Place your bets?
“As a result, the most likely outcome is that [U.S.] economic growth will continue, but at a pace close to 2% in the second half of the year and in early 2008. We’re not alone with this assessment. The latest Wall Street Journal survey of 52 economic forecasts put the odds of a recession within the next 12 months at 36%, up from slightly above 25% prior to the financial developments in August. So, the balance of opinion is that there is a close to 2-in-3 odds that the outcome will be the continuation of sub-par, or modest, economic growth.” – Commentary from TD Economics last friday. http://www.td.com/economics/weekly/sep1407.jsp