The U.S. slipping into a recession is the “most likely outcome,” says former Federal Reserve chair Alan Greenspan. Greenspan, who is now the senior economic adviser at Advisors Capital Management, stated in a year-end question-and-answer commentary posted on the firm’s website on Tuesday that even a pivot by the central bank would not be “substantial…
US Recession Is the ‘Most Likely Outcome,’ Says Ex-Federal Reserve Chief Alan Greenspan
Recession Is the ‘Most Likely Outcome,’ Says Alan Greenspan
The U.S. slipping into a recession is the “most likely outcome,” says former Federal Reserve chair Alan Greenspan. Greenspan, who is now the senior economic adviser at Advisors Capital Management, stated in a year-end question-and-answer commentary posted on the firm’s website on Tuesday that even a pivot by the central bank would not be “substantial…
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