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What are the predictions for the economy from Martin Feldstein, professor at Harvard University? Feldstein is a member of the President's Economic Recovery Advisory Board and a noted economist.
First and foremost he sees the risk of a "double dip" recession. He is looking for a stable third quarter, after which time there could be some bad news, causing a slide in the fourth quarter.
Feldstein said: "There isn't going to b enough to sustain a really solid recovery." even though we've had some "good news" lately.
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