Randall Kroszner, former Federal Reserve Board (FRB) Governor and Senior Advisor at Patomak Global Partners, was featured in Yahoo Finance yesterday. Mr. Kroszner commented on the likelihood of a recession in the United States, stating that “I think most indicators and most economists would suggest that we are not there.” He continued on to say that “I don’t think we’ll have to have a devastating early 1980s-type recession… But of course, there are a lot of shocks that could come in that have nothing to do with the FRB that could make things worse. But I don’t see that as my baseline scenario.”

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