Recession Risk Is Greater Than Some Think: Int. w/Jim Bianco

Recession Risk Is Greater Than Some Think: Int. w/Jim Bianco
AP Photo/Michel Euler

Jim Bianco, founder and chief strategist of Bianco Research, warns that the Fed's massive liquidity injections could make the problems in the short-term funding markets even worse. He fears that the risk of a recession in the US is underestimated and he expects further downward pressure on interest rates.

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