Latest topics
» I see this board has been quiet
Tue Jun 07, 2016 1:24 pm by Knight1009

» Hello Ya'll. *Theirmommie*
Tue Nov 17, 2015 9:42 am by my_lucid_bubble72

» 20 % of Americans Struggle To Buy Food
Thu Jul 16, 2015 1:00 pm by pbrad009

» The Make Some One Day Challenge
Wed May 27, 2015 12:32 pm by Prof_NSA

» Clues to why they not hiring you
Sun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed

» New Year Nothing Change
Tue Jan 20, 2015 5:48 pm by Prof_NSA

» UF2 Members Chat Thread: Part 3
Mon Jan 19, 2015 4:01 pm by member

» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
Fri Dec 19, 2014 4:24 pm by charliekerper

» Forbes: America's #1 Problem is Jobs, Not Debt
Sat Nov 15, 2014 10:50 pm by jmainframe

» Economy just getting worse
Mon Oct 06, 2014 12:16 pm by oncemore

» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
Mon Oct 06, 2014 6:33 am by 

» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
Fri Oct 03, 2014 11:23 am by DesperateInRI

» Hey Guys!!!!
Mon Sep 29, 2014 9:17 am by pbrad009

» Up all NIGHT WORRIED!
Thu Sep 25, 2014 11:56 pm by pbrad009

» things are going to get worst
Sun Sep 21, 2014 7:51 pm by 

Social Networks
December 2016
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
25262728293031

Calendar Calendar


Global Slowdown to Hit by Summer, Even for U.S.

View previous topic View next topic Go down

Global Slowdown to Hit by Summer, Even for U.S.

Post by Guest on Wed May 18, 2011 11:01 am

The Good And The Bad

The good news as the slowdown quickly approaches is that Achuthan does not believe another recession is headed our way.

The bad news is he says "the U.S. economy will not escape" the downturn, but will "participate in it…and in one way, shape or form, it is going to impact this recovery."

So far, he's got a pretty good track record in predicting these sorts of things.

Last September he sat down with The Daily Ticker (nee Tech Ticker) to offer his opinion after a number of the ECRI's indicators plummeted and in turn put investors on edge. Achuthan put the chance of a double-dip at more than 50%, but also said there was a very good possibility that the economy would have a "soft landing," which turns out it did.


http://finance.yahoo.com/blogs/daily-ticker/global-slowdown-hit-summer-even-u-says-achuthan-130920838.html

Guest
Guest


Back to top Go down

Re: Global Slowdown to Hit by Summer, Even for U.S.

Post by Guest on Wed May 18, 2011 1:35 pm

Bloomberg was reporting on this this morning as well. Almost all interviewed feel that the summer, while not headed for a crash, will be a definite slowdown, which is not good news for the unemployed and the 99ers as far as job creation.

Guest
Guest


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum