Nouriel Roubini predicts a 60% probability of recession; Jeremy Seigal predicts 25%

Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC: distressed banks, weaker currency, monetary and quantitative easing, however with broken credit channels, asset inflation, we expect to see 60% chance of recession.

From Yahoo!’s Daily Ticker Aaron Task interview Jeremy Siegal (Professor at Wharton School of Business), he is expecting a 25% chance of recession. See here

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