Browsing Tag

double dip

The Great Depression II meme

Last night I wrote an article reminding you that downside risk remains in the global economy.  While I have been singing a more bullish tuneregarding the prospect of a technical recovery in 2009, I am concerned about a double dip as a…

Is the economic contraction peaking?

I believe we may be seeing the bottom here. Marc Chandler of Brown Brothers Harriman does as well. Here is what he has to say: Our baseline expectation is that the pace of contraction of the US economy probably peaked in the horrific…

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