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Subject:
Item Title: Is a Recession Coming?
Summary:

Roger Tutterow, Ph.DBy Roger Tutterow, Ph.D

Recent economic data fuels concerns over the sustainability of the current economic expansion. In particular, two pieces of data received last week significantly raised the probability of recession.

Last Friday, the U.S. Department of Labor released its estimate on non-agricultural employment for December and the news was not good. For the month, non-farm payrolls rose by a dismal 18,000 positions. The modest gain was weaker than the expectations of even the most pessimistic analyst.
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