Saturday, August 14, 2010

When I dip you dip

Place your hand upon my hip ....

Man, this guy is such a downer.

David Rosenberg Interview



Too bad I think he is probably right. Inventory adjustment + government stimulus = unsustainable weak recovery = frowny face.

If you don't believe there's going to be a double dip, it's because the first recession never ended. If there is going to be a double dip, the odds are certainly higher than 50-50.

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