Dip Scenario News Today : Breaking News, Live Updates & Top Stories | Vimarsana

"outfront" tonight, whoa, whoa, whoa. the markets soared, the dow up 339 points. nasdaq and s&p up more than 3%. and there were two big reasons why. one, america defied skeptics with american consumers spending money. the u.s. economy grew 2.5% in the third quarter. twice as fast as the prior quarter. look at it compared to earlier this year. 2.5% isn't great overall. but it is a lot better than a lot of doomsayers expected. the other big news was europe. they made a deal to bail out greece. that deal also, not that great. but after 14 summits, any deal was enough to juice the market...

News. but you look at the consumer demand, and you see some activity, but in the way of final demand, it's not entirely there yet. that's really what it will take. companies need to feel like they can go out and hire because there is that much demand for their product. until they are there, we are just going to be in no-man's land, and this is why people worry about the double dip scenario, because if you don't have a final demand, that could be the case. it would be nice to get the unemployment rate down. >> warren buffett, what is his assessment of where the economy is? >> he talked to me re...