The conventional wisdom on Wall Street seems to be that we have now entered into a recession. While I'm not yet ready to get on that bandwagon, I do see it as a definite possibility in light of ongoing weak economic reports. If we do experience a recession, the next question is whether this is going to be the "big one," somewhat akin to the 1930s Depression....
Filed under: Presidential Race, Gary D. Halbert, Economic Forecast, Recession, Inflation, Politics, Deficit, Depression, Oil, Stratfor, Interest Rates