Achuthan, ECRI Stand By Recession Call
From The Guru Investor
November 29, 2012 - 1:35pm
Lakshman Achuthan of the Economic Cycle Research Institute is standing by his previous call about the U.S. having entered recession in the middle of 2012. Achuthan tells Bloomberg Surveillance that, while home prices have increased, “that does not mean you don’t have a recession.” He also says rising housing prices do “not mean an upturn [...]
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