The Big "R"

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Oil costs like a billion dollars a barrel now. And, according to a Bloomberg survey, 2/3 of the American public think we're headed for a recession.
Of course, the "American public" is kind of dumb. As Barry Ritholtz says, they've predicted 9 out of the last four recessions. But just because you're stupid doesn't mean you're wrong!

Americans Turn Negative on Economy, Expect Recession, Poll Says
[Bloomberg]
2/3rds Americans Say Recession is Likely [The Big Picture]

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