History…offers only one true double-dip experience, and that grew out of a policy error.
Many people are concerned the economy may take another turn for the worse in the upcoming months and are still wary about where it is safe to invest. However, some strategists believe a double-dip recession is not likely to happen. According to Milton Ezrati in an Investment News article, Partner and Senior Economist and Market Strategist, Lord Abbett states, “History…offers only one true double-dip experience, and that grew out of a policy error.”