SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (69651)9/28/2007 1:21:54 PM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
Greenspan Says Risk of U.S. Recession Has Increased (Update3)
bloomberg.com
By Jennifer Ryan and Brian Swint

Sept. 28 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan said the odds on the first U.S. recession in six years have increased as falling house prices threaten consumer spending.

``The danger of recession has obviously risen,'' said Greenspan, who will meet U.K. Prime Minister Gordon Brown in London this weekend, in an interview on BBC Radio 4 today. Greenspan said the chance of recession was ``less than 50-50,'' repeating a comment made Sept. 23.