Comments on: Citigroup: The "Great Unwind" Has Begun http://www.nakedcapitalism.com/2008/03/citigroup-great-unwind-has-begun.html Sun, 22 Nov 2009 07:56:24 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Joao T. da Costa http://www.nakedcapitalism.com/2008/03/citigroup-great-unwind-has-begun.html#comment-5502 Joao T. da Costa Thu, 20 Mar 2008 15:20:00 +0000 http://www.nakedcapitalism.com/2008/03/citigroup-the-great-unwind-has-begun/#comment-5502 Emerging economies may do better than developed ones in this scenario, but that does not mean that their financial markets will do well. Emerging economies may do better than developed ones in this scenario, but that does not mean that their financial markets will do well.

]]> By: doc holiday http://www.nakedcapitalism.com/2008/03/citigroup-great-unwind-has-begun.html#comment-5485 doc holiday Thu, 20 Mar 2008 04:38:00 +0000 http://www.nakedcapitalism.com/2008/03/citigroup-the-great-unwind-has-begun/#comment-5485 http://www.usatoday.com/money/ ec...economist_N.htm<br/><br/>Of the economists who were in the top 10 last year, seven say the Fed will cut by three-quarters of a percentage point at its Tuesday meeting. Three say the Fed will slice by a half-percentage point. But, like Berson, all say it's a close call.<br/><br/>Top prognosticators' foreccasts<br/><br/>1. David Berson<br/><br/>Chief economist, PMI Group<br/><br/>Fed rate 2008 low 1.5%<br/><br/>Recession in 2008? Yes<br/><br/><br/>2. Nariman Behravesh<br/><br/>Chief global economist, Global Insight<br/><br/>Fed rate 2008 low 2%<br/><br/>Recession in 2008? Yes<br/><br/><br/>3. Lyle Gramley<br/><br/>Senior economic adviser, Stanford Washington Research Group<br/><br/>Fed rate 2008 low 2%<br/><br/>Recession in 2008? Yes<br/><br/><br/>4. Mark Zandi<br/><br/>Chief economist, Moody's Economy.com<br/><br/>Fed rate 2008 low 1.5%<br/><br/>Recession in 2008? Yes<br/><br/><br/>5. Lawrence Yun<br/><br/>Chief economist, National Association of Realtors<br/><br/>Fed rate 2008 low 2.25%<br/><br/>Recession in 2008? No http://www.usatoday.com/money/ ec…economist_N.htm

Of the economists who were in the top 10 last year, seven say the Fed will cut by three-quarters of a percentage point at its Tuesday meeting. Three say the Fed will slice by a half-percentage point. But, like Berson, all say it’s a close call.

Top prognosticators’ foreccasts

1. David Berson

Chief economist, PMI Group

Fed rate 2008 low 1.5%

Recession in 2008? Yes

2. Nariman Behravesh

Chief global economist, Global Insight

Fed rate 2008 low 2%

Recession in 2008? Yes

3. Lyle Gramley

Senior economic adviser, Stanford Washington Research Group

Fed rate 2008 low 2%

Recession in 2008? Yes

4. Mark Zandi

Chief economist, Moody’s Economy.com

Fed rate 2008 low 1.5%

Recession in 2008? Yes

5. Lawrence Yun

Chief economist, National Association of Realtors

Fed rate 2008 low 2.25%

Recession in 2008? No

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