Freddie CEO puts U.S. recession chance at 40-45 pct: report

By Pete Southern in Uncategorized | September 28, 2007 8:00 |

Freddie CEO puts U.S. recession chance at 40-45 pct: report
NEW YORK (Reuters) – The chief executive of Freddie Mac warned that the U.S. economy faces a 40 percent to 45 percent risk of recession induced by the housing market downturn, the Financial Times reported on its Web site.


Source: feeds.reuters.com

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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