Economic data is currently pointing to a double-dip recession. ... Investors are feeling bullet-proof at the moment but with most professionals away on holiday we expect the selling to begin again by the end of the month.
Quotes about double-dip (12 Quotes)
My favorite part of this morning's double-dip press conference at Martha Stewart's new TV studio -- she was promoting both her daytime syndicated show and The Apprentice Martha Stewart ... What's that word you use, Mark -- fun
Those are two areas of the economy that should be perking up right now if we were in a recovery mode, ... Normally, businesses hire temp workers and work their employees longer -- this drop is of real concern and raises the specter of a double-dip recession.
My concern is not with a double-dip recession. It's with the likelihood we are gong to be in an extended period of growth below potential, and that would mean rising unemployment.
At its current level, confidence is consistent with real consumers' spending growth of about 3 percent -- not great, but not a double-dip.
This is probably going to be one of the hardest holiday seasons to predict. Last year, you knew what happened, you had an event, Sept. 11. Now, you have a weakened economy, employment issues, and you have consumers not knowing what's going to happen as far as corporate scandals, a double-dip recession and obvious questions about our current war on terrorism.
I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.
I think what the half-point cut showed was that the Fed for the first time appears to be taking the situation very seriously. I think investors are also still mulling the move and thinking what is it the Fed knows that they don't know. Could it be worries about a double-dip and deflation It's this uncertainty, among other factors, that's the reason why we're down today.
Today the market caught the double-dip disease. Recent economic data, like yesterday's Tuesday's consumer confidence number, seems to corroborate opinion about deceleration in growth.
With Iraq off center stage, there is more good to focus on than not. The prospect of a double-dip recession will fade, I think.
I think the chance of a double-dip recession is remote. We have a lot of stimulus in the pipeline from past Fed rate decisions, and it takes a year for policy to work through the economy.
It suggests moderate growth in the year ahead, but I don't think there's much risk of a 'double-dip' recession.