Relevant:
- Fitch Puts U.K. Debt on Negative Outlook Days Away From Budget
- Moody's turns gloomy on sovereign credit
- ‘Intense Recession’ Through Spring say Analysts
- Hussman: From the Risk to the Guarded Expectation of Recession
- S&P Revises Italy's Credit Outlook to Negative; Italy Heads for Recession; Expect ECB to Hold Rates
2011-12-13 — hussman.net
``we continue to estimate a very high probability of oncoming recession. While the economic outlook seems fairly benign based on a "flow of anecdotes" approach (judging economic prospects on the basis of positive or negative surprises in individual reports as they arrive), the outlook is actually very unfavorable based on a more reliable ensemble of leading indicators of economic activity''
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