MoneyWatch

Double Dip For Economy?

July 9, 2010 / 10:38 AM EDT / CBS News

This post by Jill Schlesinger originally appeared on CBS' MoneyWatch.com.

It's now official: there will be no double dip. I know that because as I was on my way to appear with CBS3 this morning, the cab driver told me that he had pulled all of his money out of the stock market because "you know, the double dip thing..." Here's a little more on the "double dip thing":

Jill Schlesinger is the Editor-at-Large for CBS MoneyWatch.com. Prior to the launch of MoneyWatch, she was the Chief Investment Officer for an independent investment advisory firm. In her infancy, she was an options trader on the Commodities Exchange of New York.

Jill Schlesinger

Jill Schlesinger, CFP® is the Emmy-nominated business analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and chief investment officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.

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