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Is US heading for double-dip recession?

PUBLISHED ON: October 3, 2011 | Duration: 22 min, 07 sec

  
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Surjit Bhalla, chairman of O[x]us Investments, says at the moment the big theme for market is whether the US economy is heading for a double-dip recession. The Economic Cycle Research Institute (ECRI) released a report on September 30, 2011 which said the probability of US entering into recession is 45 per cent in 2012.
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