So if the markets lead a double dip is nigh on certain.
So the man who tells us that markets don\’t and cannot predict slumps (because they didn\’t predict the, erm, slump) now tells us that markets can predict slumps.
Gotta love this intellectual consistency thing.
Didn’t take him too long to ring in the new year.
Strikes me that this is getting your retaliation in first, it was inevitable that it would at the very least feel like a double dip when we came off the opiate of borrowing and printing money.
What on earth is he suggesting the alternative to letting the market lead is ?
Doesn’t he mean they will cause (or contribute to) a slump, rather than predict it?