Feldstein: US sliding Into Recession

Martin Feldstein, president of NBER, said on CNBC that US is probably in a recession.

"I think that December/January was the peak and that we have been sliding into recession ever since then.

He also said, as he has in the past, that the recession could go on longer.

http://www.reuters.com/article/bondsNews/idUSN0747602120080407