Jay Hancock's blog: Intrade recession probability rises to 64 percent - Business news: Stock markets, banks and economic observations with columnist Jay Hancock

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January 7, 2008

Intrade recession probability rises to 64 percent

Bettors on Intrade, the "prediction markets" Web site, now say there is a 64 percent probability of recession this year, up from 30 percent in October.

HT to Greg Mankiw.

Posted by Jay Hancock at 12:10 PM | Permalink | Comments (0)

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About Jay Hancock

Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.

Follow @jayhancock1 on Twitter