This post by Jill Schlesinger originally appeared on CBS' MoneyWatch.com.
It's now official: there will be no double dip. I know that because as I was on my way to appear with CBS3 this morning, the cab driver told me that he had pulled all of his money out of the stock market because "you know, the double dip thing..." Here's a little more on the "double dip thing":
Jill Schlesinger is the Editor-at-Large for CBS MoneyWatch.com. Prior to the launch of MoneyWatch, she was the Chief Investment Officer for an independent investment advisory firm. In her infancy, she was an options trader on the Commodities Exchange of New York.