Outstanding post on The Bonddad Blog. Very detailed, well researched, well sourced, well written. And written without dogma.
The data says: no double-dip recession
There is no doubt that the economy is under serious stress. …
But the simple fact is that the current data does not make out a case that either a double-dip recession has started, or is imminent. Most of the domestic US economic data remains solidly positive.