After plunging in 2008 and early this year, since March the Dow soared some 36 percent. In the last two weeks, however, it took another nasty slide. Could this be a signal we're about to experience....
The Dreaded Double Dip
There are few worse fears among the seers who give guidance to The Street,
Than an upward turn they claimed to discern that suddenly beats a retreat.
Then to save their reps, with practiced steps, they quickly do a back flip,
And loudly amend: "This might portend, the dreaded double dip."
Just as camels can have a single hump or be burdened down with two,
Economies sometimes follow a path that resembles a double-u;
And just when you think the worst is behind and profits are set to soar,
The edifice takes another lurch and you’re worse off than before.
I’ve not come by to ruin your day with news of a sad Second Coming;
Indeed, such seer-like word display strikes me as unbecoming.
I’ll only state, that the usual fate, that follows a glimmer-based bubble,
Is a market that trips, and double dips, to clear out its leftover rubble.
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