Economist expects U.S. home prices to fall 10% Premium Content

Forecast says no recession, but 'certainly close'

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Turbulence.

That is the one-word title for the latest U.S. economic forecast by David Shulman of the Anderson Forecast at the University of California, Los Angeles.

"This is not a recession, but it is certainly close," Shulman writes in the forecast, released today.

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