Will global economy entering a recession in 2007 or 2008?

The Recent global market sell-off is probably due to profit-taking more than a signal that the global economy is entering a recession?

There are Fund managers thinking of global economy maybe entering a recession this year 2007, but there is no positive idication of recession in asia market and business, there is news articles that post on world bank expected that global economy would see a slow down in 2007 and 2008. World Bank had come out a report on "Global Economic Prospects 2007" but the report needed to be purchase for reading.

Former Federal Reserve Chairman Alan Greenspan mention that "a recession in the U.S. is possible" which doesn't in-line with the present Federal Chairman Bernanke's outlook.

I have did a search on "market outlook 2007" to study more on outlook 2007 that written by those analysts out there. Is better to do your own research to know more about economy, is easy just do a search on engine to study those articles that posted on internet.

Or what you also can do is attend seminar that conducted by those fund manager like an example "Aberdeen Asset Management" they are the expert, they will do those study and conclude the outlook for you.

An advice to you is invest carefully, just do watchout for market news from time to time.