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Here's What Executives Say About the Possibility of a U.S. Recession

  • David Gladstone says `We need to be very, very cautious'
  • John Thain says `Low energy prices do not cause recessions'
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Seven Banks Reduce S&P Year-End Targets

Executives across corporate America are being asked for their views on whether a recession is in the offing.

Growth in the U.S. decelerated to a 0.7 percent annualized rate in the fourth quarter as companies contended with a slower global economy. The median probability for a U.S. recession in the next 12 months jumped to 19 percent in last month’s Bloomberg survey of economists, the highest since February 2013.