1.   Although he anticipates a selloff, he does not forecast a recession.

2.   A few hours after Greenspan spoke, economists at J.P. Morgan in New York became the first from a major institution to forecast a recession next year.

3.   Have you ever seen the chairman of the Council of Economic Advisers forecast a recession?

4.   He forecasts a recession next year unless the Fed cuts rates another one or two percentage points, which he views as unlikely.

5.   International organizations such as the IMF are no doubt just as inhibited about forecasting a recession in the country that is their biggest shareholder.

6.   Now, though, the economy has slowed enough for some analysts to forecast a recession, and inflation estimates have come down accordingly.

7.   At least four international investment houses have forecast outright recession at some point in the year.

8.   Goh said the government is not forecasting a recession, but has warned companies to moderate wage increases.