Marketplace: Forecast: Increasing Gloominess

Summary


David Nierenberg, who serves on the Washington State Investment Board, is becoming less confident that the U.S. economy will avoid a recession next year.

Nierenberg, a Camas resident and money fund manager, met recently with Gov. Chris Gregoire, along with other economic experts, to forecast Washington's economy heading into 2008.

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Marketplace: Forecast: Increasing Gloominess

"A few months ago it looked to me like we had a 50-50 chance of experiencing a national recession next year," Nierenbe...

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