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Recession Rearing its Ugly Head
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Scott Shellady of ICAP US argues the country will fall into a recession within the next 3-6 months.
- Duration 0:51
- Date Jun 1, 2012
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Scott Shellady of ICAP US argues the country will fall into a recession within the next 3-6 months.
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It in the numbers now let's go to Chicago let's bring in -- Scott let's bring in them.
Fiscal agility please yes I know he's there is all right Scott.
This this I'm parent present this is a really lousy jobs report and I want to know is the woods recession in America's future.
Yes I think someone.
If places sale because I've been looking these numbers as well and you know we -- the GDP figures discussing at one point nine and a lot of that he -- and GM good numbers for GM.
But if you only a pull over the GM numbers -- pull over any the -- numbers that looks so good right now.
You're gonna finally got a lot of sub prime loans and selling those cars and so we're going nowhere -- it's only gonna get worse and yes we will be in another recession -- -- next three to six months school riots that killed that you always tell it how you think it is and we appreciate that this Friday morning thanks so much -- let's get back to the called.