As if the stock market's wild vacillations in the past few weeks weren't evidence enough that few have a firm hold on the U.S. economy's near- and long-term outlook, Fannie Mae this week issued an analysis that says the likelihood of a dreaded double-dip recession is now a 50/50 proposition.
Fannie Mae's Economics & Mortgage Market Analysis Group today pegs total U.S. economic growth for the year to downshift to around 1.4% for all of 2011, down from 3.1% in 2010.
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