DOUBLE DIP, DOUBLE SPIKE (September 3, 2011)

Google Trends is useful for many things, but it is an excellent indicator of double-dip recession fears. Search for the term, and you will find a double spike, too. The first was about a year ago. It came in twin spikes very close to each other, which is why they can be read as a single one. The second is about now, and it stands higher than the first one. And rightly so. Stockmarkets are in deep trouble, and investors are looking for clues every which way. Including the World Wide Web, of course. Although the second dip has stalled the last week or two, the likelihood of its continuation is growing by the day. What will come of it? It is hard to say, but the most likely outcome is that the recession will turn not exactly into a depression, but into a protracted quagmire. Neither here nor there. Without any light at the end of the proverbial tunnel. But Google Trends is always there for a quick search. And much more sweat and tears to come for the hapless investors.