Friday, August 5, 2011

Odds of a double-dip recession are still high

Odds of double-dip recession grow MercuryNews | Aug 4. In a report titled "Markets tumble, recession alarm bells ring," consulting firm IHS Global Insight Thursday put the odds of a new recession at 40 percent.5 (Bloomberg) -- US options prices swung between gains and losses after a report showing faster-than-expected job growth failed to eliminate speculation that the world's largest economy could slip into recession. The VIX, as the Chicago Board Options5 (Bloomberg) -- US

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