Recession Chance for U.S. Now at "50/50"

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From the desk of Ian Wyatt Editor, Daily Profit Wednesday August 3, 2011 To unsubscribe - click here

	Recession Chance for U.S. Now at "50/50"

	"There's now a 50 percent chance that we could slide into a new recession. Nothing has given us much growth." That's how Harvard economics professor Martin Feldstein sees the current economic situation. And Feldstein has some experience with recessions -- he's a member of the Business Cycle Dating Committee of the National Bureau of Economic Research. That committee is the one that officially measures recessions, in depth and duration. The reason a recession is now a 50/50 proposition? Debt. At the household level, debt repayments are causing a huge slump in consumer spending. In June, consumer spending actually shrunk for the first time in nearly two years. And debt at the state and federal level is forcing spending cuts and layoffs, at a time when spending is needed to boost growth. I'm Ian Wyatt, of Wyatt Investment Research. Like most Americans, I'm worried about what will happen if the U.S. falls back into recession. More jobs will be lost and home prices will fall even lower. Investors are advised to take steps to protect their investments. The latest special investment report from Wyatt Investment Research is designed to help investors protect and grow their wealth in spite of U.S. debt problems. Click here for the details on of how to get your FREE copy of the "U.S. Debt Protection Fund" special report...
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