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Investopedia's five signs we're already in a double-dip recession: (1) home prices keep falling...

Investopedia's five signs we're already in a double-dip recession: (1) home prices keep falling - homeowners now have even less equity in their homes than at the height of the housing crisis; (2) small businesses can't get credit; (3) unemployment has worsened; (4) consumers are losing faith: (5) more people are on food stamps.
Comments (13)
  • My only disagreement is that this is not a "double-dip" since there was no exit of the first so called recession.
    14 Jul 2011, 09:58 AM Reply Like
  • Agreed Moose, no exit from the first dip.
    14 Jul 2011, 10:34 AM Reply Like
  • what double-dip? look at the clearest sign yet, stock market back to 2008 level !!!
    i'm sure this confirms we are in recession LOL
    14 Jul 2011, 11:32 AM Reply Like
  • The stock market has been buoyed by QE1 & QE2 and is not a real indicator of the condition of the general economy, please read the article again and note points 1 though 5.
    14 Jul 2011, 12:02 PM Reply Like
  • I absolutely agree that the performance of the stock market is not an indicator of either the health or illness of the economy. It does have a placebo affect on people's confidence in the future.
    14 Jul 2011, 12:46 PM Reply Like
  • i bet you meant to say here IF stock market is a LAGGING indicator or future prediction of a recession
    of course stock market is an indicator of a recession, during recession, all the companies earnings will be revised downwards and hence sending most stocks down
    14 Jul 2011, 01:44 PM Reply Like
  • That is not the case with this type of recession, most companies are flush with cash and have streamlined to the max, so bottom-lines are good, keeping stock values high. Those stock values don't affect whether a person buys or doesn't buy a new home or TV, that decision is made based on how secure they feel about their job or money situation. With high gas prices and inflation going up(about 20% in my area) people are not feeling too secure about the future and are putting off buying to see which way the wind blows.
    14 Jul 2011, 02:02 PM Reply Like
  • food stamps on the rise are likely the result of not only new demand but rampant supply given the extremely lax standards that are required to obtain them....

     

    online.wsj.com/article...
    14 Jul 2011, 10:03 AM Reply Like
  • Obama you are doing a great job of destroying the country.
    14 Jul 2011, 10:04 AM Reply Like
  • No, not a double dip, the new normal as fortunes shift from West to East. Bernanke professes not to know why things aren't turning around. Does the financial community believe that, or is it really the fact that pushing on a string at one end has a very limited effect on the other end? But he can't say that when the microphone is on.

     

    40+ million on food stamps, 70 million checks issued by the Feds monthly, untold millions of welfare checks at the state level. Take that away and there would be fighting in the aisles of Walmart and every other grocery and liquor store in a day or two.
    14 Jul 2011, 10:10 AM Reply Like
  • "Take that away and there would be fighting in the aisles of Walmart and every other grocery and liquor store in a day or two. "

     

    Ag...it's always been interestint to me to consider how as a world our "institutional" knowledge seems to pass away with each generation. We don't really get better as people. Technology improves, but people don't. You are right about the fighting in the isles. In times of stress the worst side will appear, and it will appear very quickly.
    14 Jul 2011, 10:15 AM Reply Like
  • Fortunes aren't moving from West to East, they are moving from Consumers to Producers.... as they always have.

     

    The West has become a Consumer where it once was a Producer.
    14 Jul 2011, 01:10 PM Reply Like
  • Sign # 6:

     

    We have a group of politicians that are more concerned with their image and ability to get re-elected than fixing the problems. When they spend 80% of their time trying to figure out how to out-manuever their opponents and look good in the press, rather than focusing on the major issues we have, they signal that things will never get better until they are dumped in 2012. We need a "re-boot" with more fresh faces. Please feel free to add to the list.
    14 Jul 2011, 10:11 AM Reply Like
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