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The Debate on a Double Dip U.S. Recession

Tuesday, August 24, 2010
by Russ MacKay

The market continues to gyrate around the possibility of a double-dip recession in the U.S.  Given the current market data we believe there is too much optimism about a continued U.S. recovery. If left on its own, we caution investors the reality of a double-dip recession is high.  Alternately, there lies hope in the future actions of President Barack Obama and Federal Reserve Chairman Ben Bernanke to stave off this potential outcome. 

We believe in the short-term (the next few months) the odds are not in favor of advancing markets, and we are raising cash levels in our portfolios and adding hedge positions to prepare for better buying opportunities in September and October.

To learn more on our thoughts on this topic, and strategies we are using to manage portfolios in this zig-jag market,  go to www.mcleanpartners.com to access the six minute web-cast released today.

Russ MacKay


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