strategist: US Economy in 2008

01/17/2008

US Economy in 2008

The correct question one should ask is not 'Will there be a recession?' but, 'How bad will the recession be?' Right now, sovereign wealth funds, rich people, wealthy financial institutions must be very excited about the upcoming 'fire sale of assets'. The only winners in 2008 will be investment bankers and M&A lawyers. An entire new wave of industry consolidation is likely to pick up by Q3.

17 Jan 2008 22:04:09 | Finance & Economics

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