Double-Dip Risk

A very respected economist calls for more stimulus.

There’s more than a 50% chance the economy is heading for a double-dip recession. And noted economist and author Robert Shiller tells MarketWatch News Break that the Federal Reserve may now lack the power to end the gloom and doom. Shiller now wants Washington to pass a new job-creating stimulus package.

via Shiller sees significant likelihood of double-dip MarketWatch News Break – MarketWatch.