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Global Insight's Newport: Headed for four-quarter recession

EPISODE · Sep 30, 2008 · 3 MIN

Global Insight's Newport: Headed for four-quarter recession

from MarketWatch Real Estate Round-up · host MarketWatch.com

Economic forecasting firm Global Insight is in the process of revising its forecast for the U.S. and the news is dismal. The economy appears headed for a recession that could run an entire year. And Global Insight's Patrick Newport tells John Wordock it may not matter what Washington does with the Wall Street bailout. We're still headed for troubled waters.

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Global Insight's Newport: Headed for four-quarter recession

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