Chance of Double Dip Fading
Recent trade balance and retail sales data point to growth of around 2%-2.5% in the second half of the year, says Morningstar's Bob Johnson.
Jason Stipp: I'm Jason Stipp for Morningstar. With a lot of market watchers still very jittery about the state of the economic recovery, we've had a few positive reports recently, and the question has to be raised: Is the possibility of a double-dip recession now fading.
Here with me to talk about his take on that and what some recent reports might mean for GDP in the back half of the year is Morningstar's Bob Johnson, Director of the Economic Analysis. Thanks for joining me, Bob.
Jason Stipp does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.