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What comes to mind? >> i certainly don't think you can rule it out here. i think it's possible that we can avoid a double-dip recession because several parts of the economy are growing and the cost of capital with 0% interest rate for businesses is really low, but we are headed that way and confidence is a big part of this. whether it's employers or consumers, if we can't get confidence going, and if the market continues to be real soft, there's that wealth effect. i think it is a very realistic possibility we could head into a double dip by the end of the year. it's avoidable, but it's going ...

We're merely seeing kind of a stabilization at a low level of activity. progress but not a solution. >> what about dow breaking through 11,000? it's been on an upward trend. is that a false front or evidence of real stability and growth? >> i think it's driven by something real. what stock market investors are saying is, you know, we're not worried about a double dip in the recession anymore. we feel like this recovery has some legs so we're confident enough to buy stocks so that has good, positive benefits for the rest of the economy. there's the wealth effect, people feeling wealthier, peopl...

People don't know that in germany but apparently three hundred thousand people may have had their information compromised in one way or the other through those sixty five is that we're going from that assuming that by thousand people you know more may have affected from each one person so one thing leads quickly to the other exactly ok what can facebook users do now about this whole issue well on april ninth which is coming monday facebook is going to publish a link and that will allow users to know first of all of the wealth effect by the kember journalistic a scandal and then of course they ...

People own stock, you have to look at how much stock they own. most people own very little. so 80% of the value of the stock market is held by the richest 10% of families. and 40% of the value of the stock market is held by the top 1%. so when the stock market goes up a lot, the folks who benefit from that wealth effect tend to be among those who are most wealthy. now, here's the thing in where i think the stock market's uptick recently has been most relevant. one of the reasons, i kind of agree with john on this, one of the reasons that the stock market is doing well is not because of the tax...

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