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The Yale economics professor puts the odds of another recession coming on the heels of the recent downturn at more than 50 percent. The co-developer of the Case-Shiller index doesn't know where home prices are headed, but he tells Reuters that the overall economy is on a precarious path.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.