Earlier on Bloomberg TV, Robert Shiller said there is a “50-50” chance that a double-dip will occur in the housing market.
- :35 Recovery was sharp a year ago, and now has gone weak
- 1:00 Withdrawal of government support haunts market
- 1:30 There is a real concern about a ‘double-dip’
- 2:50 Private demand replacing the Fed depends on ‘animal spirits’
- 3:20 50-50 chance on ‘double-dip’
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