Green says he's not feeling very optimistic. He blames eroding business and public confidence on the recent political drama in Washington over the U.S. debt - and the ineffective response this week by EU leaders on a debt crisis that now threatens Italy and Spain.
"What you're seeing is a crisis of confidence here and a crisis of confidence in Europe, the effects of which are now coalescing into a very rapid slowing in the economy I have never seen in my 20 years of doing this - an economy losing so much momentum so quickly, and that's worrisome," said Green.
Prospects for a slowing global economy sent oil prices below $80 a barrel. Gold hit another high Friday - above $1,880 dollars an ounce. And the Dow lost another one-and-a-half percent Friday - to close at 10,818 points.
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2013-11-27
2013-11-27
2013-11-27
2013-11-27
2013-11-27
2013-11-27