“I'm not predicting a double-dip recession, but the odds of it have gone up. Instead of 5 percent, there's maybe a 15 or 20 percent chance of it now.”
“Two recessions in more than eighteen years is not a bad E.R.A. -- earned recession average. The bottom line is he did a very good job as Fed chairman.”
“You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.”
“Wall Street indices predicted nine out of the last five recessions!”
Paul A. Samuelson
“He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,”
“This level of the ISM is not consistent with recession,”
“It's not guaranteed that we're going to get a recession now, though I have to say that the evidence from NAPM is not encouraging,”
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