Fed Economists: Europe Could Trigger Recession –

A paper released by the Federal Reserve Bank of San Francisco indicates that the crisis in Europe could trigger a 2012 recession in America.  According to the paper, the chances of a recession in the first six months of 2012 have increased to 50%.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2011-11-14/fed-economists-say-odds-of-2012-u-s-recession-exceed-50-on-europe-crisis.html

Jim Sutliff