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Global Economic Research


GLOBAL DATA WATCH

The sound of the other shoe dropping
2008-09-26

As we go to press the fate of the US Treasury's TARP proposal remains uncertain. Unfortunately, we are more certain that the US economy will face increasing difficulties in the quarters ahead as drags on growth intensify. This week we revised our forecast to incorporate a US slide into recession over the coming two quarters.

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October 2, 2008
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Note: Global Data Watch is updated every Wednesday. Daily Economic Briefing is updated with a 1-day delay and is not published on Fridays.

 
 

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