Jeff Saut: Odds Rising for U.S. Recession

Jeffrey Saut, chief investment strategist at Raymond James & Associates Inc., talks about the performance of equities and the impact of short covering on market activity, the outlook for a recession in 2009, and investment strategy.

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Running time 03:50

00:00 Equity market: "lows are in for the year"
00:59 Outlook for recession in 2009; strategy
02:19 Performance of stock market, short coverings

 

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Source:
Jeffrey Saut Sees Rising Odds for U.S. Recession in 2009: Video
Bloomberg, September 22, 2008 08:35 EDT
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJy9LqqqD5qY

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