I find the relentless double dip drumbeat to be wrong, only in that the next recession is far enough away from the prior one as to be considered its own, stand alone contraction.
click for larger graphic
Source: Jim Stack, Investech Research via Welling @ Weeden
This post originally appeared at The Big Picture and is reproduced with permission.
One Response to “Headlines: “Double-Dip” Recession”
michael roberts • October 7th, 2011 at 8:00 am
Exactly – believing in a double-dip now probably means people will fail to see the next recession – and it will be nasty
