Alan Greenspan is warning that the U.S. could be in a recession by year's end.
Alan Greenspan in the financial news
What he says is true. It could happen. Also, maybe it won't. I'm not sure why such pronouncements are considered news, except that as former Chairman of the U.S. Federal Reserve Mr. Greenspan does have a lot of built up name recognition for the news agencies to exploit.
And of course a recession would affect all of us, even income investors. Although we shouldn't be concerned with ups and downs of the stock market, a slowing down of business would affect even the companies that pay dividends, so it could reduce their dividend payments in the future.
investing for income
investing for income
Monday, February 26, 2007
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