45% chance of recession, UBS says |
| Published: November 9, 2007, 5:29 pm |
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Source: [b]Globe and Mail[/b] UBS Ltd. now attaches a 45-per-cent probability to a U.S. recession next year, which is sharply higher than the 33-per-cent likelihood set last month. That is not the kind of news that investors want to hear, especially one day after North American stock markets and se... [ Full article ] |
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