Just one day before the Dow closed under 10,000, perhaps as a result of another rotten jobs report, Daniel Gross at Slate stated that there is very little chance of a double dip recession. Talk about a double dip springs, he argued, from the excessive of optimism of 2007. Having been stung by that error, now there is an excess of pessimism.
Liberals saying there's nothing to worry about in the economy? I'd call that a sell signal.
1 comment:
The ice cream cone illustrating the article is a poor choice. Here in the land of frappes and frozen pudding, we know the difference between a double dip and a double scoop.
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