1. WSJ Blog points to Fed waking up to inflation risks, points to views over the current credit crunch, points to five reasons why recession may be averted.
2. NBER is the final authority on recessions in US. Martin Feldstein, the NBER chief, says to get a full idea on whether there would be a recession we need to get more data. As December data would be available in 2008, wait till then. Thanks to WSJ Blog for the pointer.
3. Ajay Shah points to some critical appointments to be made in 2008.
