Forecast: Perfect storm of financial problems, but no recession

UCLA economists cite unusual disconnect in various sectors of economy

Fear of imminent economic recession may be a self-fulfilling prophecy, according to the latest Anderson Forecast report by University of California, Los Angeles forecasters.

While the report by Edward Leamer, director for the forecast, clings to earlier predictions that the U.S. economy will avoid a recession in the short term, it also details the dangers that are stressing consumers and challenging the economy.