Nobody can predict what’s next for the economy. We can make educated guesses, but if anyone was able to predict with certainty what was going to happen next, they’d be a very wealthy person.
The last few months, we’ve heard the word “double-dip” a lot. With poor employment numbers (flat or insignificant gains), troubles in Europe, and a weak commercial market, many argue that this economy is about to head back down into recessionland. Others look at indicators that manage to remain just above positive, like auto sales, and predict that the worst is over, and 2012 will be a much better year for the economy.