Getting your player ready...
A double dip may sound like a treat, but it’s one of the top fears for economists and investors.
A double-dip recession would be the worst-case scenario, wherein a fragile economy recovers from recession only to get quickly slammed by a second one.
The market got a scare this past week after a monthly survey of New York state’s manufacturing industry by the Federal Reserve showed fresh weakness after a run of improvement. Other indicators, though, are improving, muddying the picture.
The Associated Press
