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Thread: U.S. Economy Is In a Recession Right Now, Hussman Says

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    Redhot Jumper U.S. Economy Is In a Recession Right Now, Hussman Says

    U.S. Economy Is In a Recession Right Now, Hussman Says

    Wall Street Journal, Market Beat, June 11

    By our analysis, the U.S. economy is presently entering a recession. Not next year; not later this year; but now. We expect this to become increasingly evident in the coming months, but through a constant process of denial in which every deterioration is dismissed as transitory, and every positive outlier is celebrated as a resumption of growth. To a large extent, this downturn is a “boomerang” from the credit crisis we experienced several years ago. The chain of events is as follows:

    continue ---------------------> http://blogs.wsj.com/marketbeat/2012...-hussman-says/

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    Objection! OptiBoard Gold Supporter shanbaum's Avatar
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    Thanks for that, Eeyore.

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