Home » Odds of avoiding recession are high, Greenspan says

Odds of avoiding recession are high, Greenspan says

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Chances of the United States avoiding a recession are 2 in 1, former Federal Reserve chairman Alan Greenspan said at a conference hosted in Singapore by Merrill Lynch & Co.

Greenspan’s optimism came after he warned in March that the economy might stagnate, and while the nation continues to struggle against headwinds of slow capital investment and a housing contraction. His comments were obtained by Bloomberg.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In