donald kohn

Mortgages & Lending

The Fed Gets New Glasses: Sees What’s In Front Of It’s Nose

by Charles Feldman | December 12, 2007

Here’s a quote that should make everyone feel better this holiday season. It’s from the chief domestic economist at Morgan Stanley and is in a report to clients as reported by the New York Times. “A mild recession is now likely, with no growth for the year ahead.” Great. And, based on what the Federal [...]

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