James Annable

There was an auto industry correction and a high tech inventory correction, and if we can get through that without read more

There was an auto industry correction and a high tech inventory correction, and if we can get through that without tipping the economy into a recession then we can get through this.

The economy is not in a recession. This economy had enormous spending imbalances that it had to work out.

The economy is not in a recession. This economy had enormous spending imbalances that it had to work out.

They simply don't want a recession. It's an insurance policy.

They simply don't want a recession. It's an insurance policy.

The great problem with doing that in real time is people live in real time and almost everybody's default forecasting read more

The great problem with doing that in real time is people live in real time and almost everybody's default forecasting method is to extrapolate the recent past.

He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,

He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,