>Roubini has been predicting about a 70% chance of a severe recession in 2007.
>http://www.rgemonitor.com/blog/roubini/
Whew! That guy, Roubini, lives in a special world! What the heck is a
"trailing peak?" And where does he get "falling employment?" This
just three days ago: "
From lurine AT softcom.net Mon Nov 6 22:11:54 2006Return-Path: <lurine AT softcom.net>
Whew! That guy, Roubini, lives in a special world! What the heck is a
"trailing peak?" And where does he get "falling employment?" This
just three days ago: "
NEW YORK (CNNMoney.com) -- The unemployment rate fell to the lowest
level in more than five years in October, the government reported
Friday, a sign of unexpected strength in the job market.
"The jobless rate sank to 4.4 percent from 4.6 percent in September,
the Labor Department said. It was the lowest since May 2001.
Economists had forecast the rate would hold steady. . . ."
http://money.cnn.com/2006/11/03/news/economy/jobs_october/index.htm
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