![The 51.9% Recession](http://images.mauldineconomics.com/mauldin-2019/img/article-default.jpg)
- February 23, 2007
The 51.9% Recession
What are the odds of a recession? According to a recent Fed study, they may be 51.9%. Close enough to 50-50 for government work. We analyze this study, look at a few graphs which show a major disconnect between the housing market and the US manufacturing and services sectors, and then close with some comments on yet another proposed rule change. But let's start with a few housekeeping items.
The latter half of this letter will be written primarily to my colleagues in the financial...
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