Bill Gross says "Fed Approaching Dead End Unsolvable Dilemma"; Feldstein sees 50% Chance of Recession; Three Cardinal Rules of Stimulus

"Is the US economy at a tipping point or has it already tipped over? The best one can possibly say is the economy is at a stall rate.

"Economy Balanced on Edge"

Bloomberg reports Feldstein Sees 50% Chance of U.S. Sliding Back Into a Recession

Harvard University economics professor Martin Feldstein said the U.S. recovery that began two years ago has been losing steam and there are even odds the economy will slip into a recession.

“This economy is really balanced on the edge,” Feldstein said in an interview on Bloomberg Television “Surveillance Midday” with Tom Keene. “I think there’s now a 50 percent chance that we could slide into a new recession..."

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