The Fed has raised its probability of a double-dip recess...

The Fed has raised its probability of a double-dip recession from 1% to 7%.  They state that, while this is a big increase, it's still a very small probability. Their updated estimate for 2012 GDP growth remains at a low level.


This data is free on the Federal Reserve Bank of Cleveland's website. It has just published the October issue of "Economic Trends." http://www.clevelandfed.org/research/trends/2011/1011/ET_oct11.pdfBuy Timing the Market at Amazon.com