Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.
This posts features two video clips on the topic of a looming U.S. recession. (Also see John Mauldin’s latest article, “The Recesion of 2011?” and David Rosenberg’s “12 Bullet Points Confirming the Double Dip is Here“)
Clip 1:
Kelly Evans of The Wall Street Journal and Joseph LaVorgna of Deutsche Bank assess whether the US is really heading for another recession. “We are still dealing with many of the same problems as in 2008,” says Evans.
Source: CNBC, August 20, 2011.
Clip 2:
Bruce Kasman, chief economist at JPMorgan Chase & Co. in New York, discusses the outlook for the U.S. economy and Federal Reserve policy.
Source: Bloomberg, August 19, 2011.
Is the U.S. headed for a recession? was first posted on August 21, 2011 at 8:35 am.
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