StraightTalk is a monthly publication from the Chief Economist of The Conference Board. It provides economic research, objective analysis, and forecasts to help new economy business executives assess economic conditions impacting their markets.
StraightTalk: January 2008
StraightTalk: January 2008
Global Economic Analysis
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U.S. and Global Economies
- U.S. recession is unlikely but not impossible
- Imbalances are limited to the housing and financial sectors
- Pessimism, which is spreading to the consumer and business sectors, can become a self-fulfilling prophecy
- Global fundamentals are holding up, but stock market declines can stall economic and political progress
- Financial market panic and magnitude of rate cuts underscore the need for changing market transparency and regulation
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