Summary
Alan Greenspan, perhaps the most noteworthy economist alive, said Friday there are no signs pointing to an imminent recession.
"The evidence is not there," said the former chairman of the Federal Reserve at the Long Island Association's 80th Anniversary luncheon in Woodbury. "That doesn't mean it can't happen. But the elements of a recession are not yet there."See the full content of this document
Extract
Alan Greenspan: No Recession
Still, there are some troubling economic indicators. Manufacturers spent the last few years building up inventory...
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