David Tice Says Double-Dip Recession ‘In the Cards’ for U.S.
Courtesy of Edward Harrison at Credit Writedowns
David Tice, chief portfolio strategist for bear markets at Federated Investors Inc, talks about the outlook for the U.S. economy. He sees a double dip coming and argues against stimulus to prevent it, saying policy makers shouldn’t act as “Good Time Charlie” preventing the deleveraging of U.S. households.