U.S. Officially in Recession

By Barry Ritholtz - December 2nd, 2008, 7:01AM

Interview with James Poterba, Head of the National Bureau of Economic Research

PERMALINK
Category: Economy, Video.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “U.S. Officially in Recession”

Mike in Nola Says:
December 2nd, 2008 at 8:44 am
So, Barry, did you collect your case of beer or whatever from the bet?

Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. —John Kenneth Galbraith

Macro Notes

Greeks vote to stay in euro
Peter Boockvar

Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...

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