Media, Pols Talking Us Into A Recession?

Media types–you know who you are–and certain politicos have such a vested interest in hyping the current economy as dogmeat, there’s a good chance we’re talking ourselves into a recession. Investment banker Mark Dufilho of Houlihan Lokey said much the same during a Dallas Capital Markets Update this morning at the Belo Mansion. Though it’s “a little shaky” the U.S. economy still has legs, Dufilho said, there’s still a ton of capital out there looking for a home, and business/finance deals are still getting done. However, he added, “USA Today runs a story every day on whether we’re headed into a recession. You try to tell them, if they keep running that story, there will be a recession!”