We won't pound the tables
about imminent recession until we observe fresh weakness in the equity market (even a 7 - 8 % market loss would sharply raise our probability estimates), but it's important to recognize that financial risks are already fully developed, and as in other bubbles, one usually finds «catalysts» to blame for a collapse only well after the downturn is in full - swing.
Not exact matches
But with
recession an
imminent possibility, people wonder
about the very survival of Ford, Chrysler, and even General Motors.
According to the IBO, an
imminent local
recession is expected to cause a loss of 33,300 jobs on Wall Street — or
about 7.1 percent of the sector's employment.