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Old 08-04-2011, 06:07 PM   #13
mlmpetert
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Join Date: Nov 2006
Location: Richmond
Posts: 3,261
Re: Dow Drops More Than 500 Points

Quote:
Originally Posted by Dirtbag59 View Post
So what does this mean? Is this a double dip recession?

Ive heard a lot of things from completely partisan resources this week and largely the consencious is the likelihood of another recession in the near term is unlikely. Markets may be considered leading indicators but they are ususaly overly speculative.

Although i did hear yesterday that 70% or so of Americans still think were in a recession. So to most it doesnt really matter, theyre still hurting if we are technically in one or not.
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