The Rising Risk of Double-Dipping
As the debate of the shape of the recovery in the United States rages on, Nouriel Roubini analyzes the macro data and finds it to be fully consistent with – at best – a U-shaped recovery. However, the last two weeks of poor economic data suggest that the probability of a W, a double-dip recession, is rising. The following RGE Analysis U.S. Growth Outlook: Still Anemic and U-Shaped but Risks of a Double-Dip Recession Are Rising is available only to RGE clients.
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