Monday, April 21, 2008

Intrade indicates only a 60% chance of a recession this year

The Intrade Prediction Market is now indicating only a 60% chance of a recession in the U.S. economy in 2008.

I am very tempted to lower my own assessment from a 75% chance, but I would like to see the data firm up a little or at least not worsen dramatically over the next few weeks.

-- Jack Krupansky

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