Open Thread

For general debate and discussion. Possible talking point: the stock market had an awful week capped by yesterday's huge selloff. Part of Friday's move was ignited by famed hedge fund manager Julian Robertson who told CNBC's Erin Burnett (video available at link), "I think we are going to have a doozy of a recession."

Is he right, or is the market predicting another economic downturn that won't happen?