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Full-Blown Depression Looming?

Fri 16 Oct 09 | 04:00 AM ET
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Full-Blown Depression Looming?

Fri 16 Oct 09 | 04:00 AM ET
This global recession will turn into a "full-blown depression," Nicu Harajchi, CEO of N1 Asset Management, said Friday. Mike Lenhoff from Brewin Dolphin Securities disagreed with Harajchi's forecast, but said the recovery will depend on the improvement in cyclical sectors.

Topics:

Asia  | Currencies  | Earnings Central  | Economy (U.S.)  | Europe (West)  | Investment Strategy  | Politics and Government  | Stock Market  | Wall Street Banks

Sectors:

 | Financial Services
 
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