David Tice Says Double-Dip Recession ‘In the Cards’ for U.S.

By Edward Harrison On Jul 31, 2010

David Tice, chief portfolio strategist for bear markets at Federated Investors Inc, talks about the outlook for the U.S. economy. He sees a double dip coming and argues against stimulus to prevent it, saying policy makers shouldn’t act as “Good Time Charlie” preventing the deleveraging of U.S. households.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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10 Comments

Edward Harrison says 14 years ago

I should note that David Tice is a perma-bear. So clearly you have to take this into account when he says anything on the market.

See this post from last July for more from Tice:
https://pro.creditwritedowns.com/2009/07/david-tice-all-bearish-all-the-time.html
1. Marshall Auerback says 14 years ago
  
  Even if we don’t get a classic double-dip, it will certainly feel like an
  ongoing recession as growth and incomes continue to stagnate a la Japan and
  unemployment remains high. I laugh at these people who call President Obama
  some kind of Robin Hood socialist. In fact, he is presiding over one of
  the most regressive transfers of wealth in history. The ongoing strength in
  financial assets, which his policies have promoted, will make this more
  apparent.
  
  In a message dated 7/31/2010 10:28:12 Mountain Daylight Time,
  writes:

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