Despite all of its best hopes, Wall Street will never escape what’s happening in the Eurozone. The 1 trillion euro ($1.3 trillion) slush fund created to keep the chaos at bay is not big enough. And it never was.
Chance of 2012 U.S. recession tops 50 percent: Fed paper
Reuters – 45 minutes ago.. .
(Reuters) – The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research …
In the Professional Edition Fed reports posted 3-4 times weekly, I make use of the quarterly estimates of the Treasury Borrowing Advisory Committee of the…