There are several signs that a recession is firmly in place again and that the downturn could last for several quarters. Most are already easy for the average American to see.This is not an isolated opinion it appears. Just ask the chief economist at Moodys.
"Even with a market-friendly resolution of the debt standoff," they write, "a double-dip recession is far from unlikely."That friendly market is back under 12,000. Thanks Barry!