Institutional Investor (February 11)
2016/ 02/ 12 by jd in Global News
“To be clear, we aren’t suggesting the U.S. economy is booming. When a ship sails in shallow water, the risk of running aground is clearly higher; likewise, a low trajectory of growth increases the vulnerability of an economy to exogenous shocks. So a negative shock is possible, but outright recession is unlikely.”
Tags: Booming, Economy, Exogenous shocks, Growth, Recession, U.S., Unlikely, Vulnerability
