Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Fears Grow Over Double-Dip Recession

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Patrick Allen
CNBC
June 2, 2011

One fund manager calls it a horror show, others are predicting the Federal Reserve will have to extend its unconventional measures and stocks across the world are falling heavily.

The data from the world’s largest economy has fallen so sharply that investors have been caught off guard, raising fears over a double-dip recession.

It was a big fall in ISM Manufacturing PMI data on Wednesday that triggered the fall in stocks and saw money pour into Treasurys, pushing the yield on the 10-year note below three percent.

The index fell from a very healthy 60.4 to 53.5 and while still indicating growth the scale of the fall has worried some economists who say it is too early to call this anything more than a slowdown.

Full article here

Stock up with Fresh Food that lasts with eFoodsDirect (AD)

Fears Grow Over Double Dip Recession 161008pptv3

This article was posted: Thursday, June 2, 2011 at 4:32 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Scotland: Still Not Scot Free See the rest on the Alex Jones YouTube channel.

Mystery Surrounds Weird 'Tree' Cellphone Tower in NC See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.