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Recession Hard to Avoid

Mon 05 Dec 11 | 05:30 PM ET
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Recession Hard to Avoid

Mon 05 Dec 11 | 05:30 PM ET
Eric Lascelles, Chief Economist at RBC Global Asset Management says the S&P downgrade presents a risk for all the progress achieved so far. He adds that S&P cannot be blamed for the downgrade because countries are already in the weight of a possible recession.

Topics:

Credit Downgrades  | Recession  | Europe  | Debt  | Western Europe Financials

Sectors:

 | Banks
 
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