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Surveillance: Davos, Day 1 (Podcast)

Bloomberg Surveillance

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Are We in a Recession?

We've had a time of enormous ebuliance in the markets, low interest rates and very high growth rates. Now it's slowing down a bit. I don't think it's a calamitous situation, but clearly the growth market right now is not great. And i say interest rites are gong to come up for a while and probably put us into what somebody in the carter administration used to call a banana. If you'e an investor, prices have come down to the point where there's some really good bargains now. And i think a lot of people that buy at the bottom are looking a pretty happynw You think that right now, this is a bottoming

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