September 2010: Addressing the Double Dip Question

ADDRESSING THE DOUBLE DIP QUESTION

The developments in the economy over the past few months have struck a noticeably different tone among many economists, investors, and commentators. The question of whether a “double dip” recession has begun is the topic of water cooler conversations across America. The term “unusually uncertain”, coined by Federal Reserve Chairman Ben Bernanke, is now an everyday part of the lexicon and seems to describe the overarching sentiment in the economy, global markets, and political environment.



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