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Are we in a double dip recession here in the US?
Asked by weeveeship (4665)
September 10th, 2010
Common arguments I have heard on both sides:
Yes (Bearish):
Unemployment is high
Consumer confidence is dropping
Debt problems in municipalities
No (Bullish):
Record earnings
Worst is over, only way for the market to go is up
Unemployment is stabilizing—>“New Normal”
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