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: October 2007
StraightTalk: October 2007
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The U.S. Economy
- Global business cycle is aging—not just in the United States
- No immediate recession signals, but the risk of a recession is rising
- Fed has no good choices—interest rates will go down irrespective of a buildup in inflation pressures, unless they are severe
- Housing adjustment is harder on credit markets than on the economy
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