# Professor Edward Altman comments on the possibility of another recession

1 Faculty News April 6, 2016 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg_0.jpg?itok=qy2YlnxP)>

Excerpt from [Bloomberg](http://www.bloomberg.com/gadfly/articles/2016-04-06/beware-the-coming-default-tsunami-in-emerging-markets) -- "[Edward Altman](http://www.stern.nyu.edu/faculty/bio/edward-altman), New York University professor and creator of the widely used Z-Score method for predicting bankruptcies, has also forecast rising U.S. defaults this year, saying in January that recession could follow even with a rate of less than 10 percent, given the increase in debt since the financial crisis."

[Read more](http://www.bloomberg.com/gadfly/articles/2016-04-06/beware-the-coming-default-tsunami-in-emerging-markets)