Is the U.S. headed for a recession?

By Prieur du Plessis, on August 21st, 2011 posted in: Dubai, US One comment so far

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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.

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