1
All Signs Point To A Recession
Posted by Stock Online Trader on December 19, 2007 in Basic Material Sector, Energy Sector, Finance Sector, Real Estate
The index of leading economic indicators fell for the third time in four months in November, signaling an increasing risk of a U.S. recession. The deepest housing slump in 16 years is likely to worsen as foreclosures mount and banks restrict lending, economists said. Declining property values and rising energy costs may also hurt consumer [...]