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

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.

  1. Edward Harrison says

    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:

    1. Marshall Auerback says

      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

      In a message dated 7/31/2010 10:28:12 Mountain Daylight Time,

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