Fear is rising

Posted by StockBuz on July 4, 2010 at 7:50pm

This graph by business insider relfects the volume of searches via Google for the phrase "double dip". Strangley, doesn't this remind you of a chart of inverse ETFs such as SKF or FAZ during the initial credit crisis? I found this interesting as obviously many out there are becoming increasingly concerned over its possible occurrence even though news television would have you believe otherwise. Original article at http://www.businessinsider.com/americans-are-obsessed-with-the-dreaded-double-dip-again-2010-7

Comments

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StockBuz July 4, 2010 at 10:14pm

Isn't that what we see a lot in the market though? Moving in herds? Of course just b/c they're searching it doesn't mean it will happen, but it certainly does reflect an increase in concern. We love our permabull squirrel. Keep it coming buddy! lol
July 4, 2010 at 8:45pm

Perhaps with groupthink, we as a society can will it too happen. (Sarcasm) Not being snappy, just impatient with the consensus. It's only happened once in 70 years and that was purposely caused by the Fed. Totally different scenario now IMO. However I am the permabull of Buz, so I could be wrong...lol.

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