The R Factor: Remarkable Resilience Or Recession?(Financial VIEWS)
Appraisal Journal 2008, Wntr, 76, 1
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Publisher Description
Commentary As 2007 came to an end, the prospects of a recession had increased to the point that such an outcome appeared plausible. Whether the economy actually tilts into a recession depends on a number of factors, ranging from continued economic stimulus from abroad to surprising resiliency on the consumer front. Unfortunately, neither of these factors are givens, especially with consumers struggling with a number of pressures on household budgets and confidence levels. Thus, the situation will be somewhat precarious, with players on all sides of the market taking a defensive posture. The absence of any clear answers is likely to do little to appease the market and may actually create more uncertainty.
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