Wall Street is coming off its worst week since the financial meltdown of 2008, the Dow shed nearly 6.5% of its total value. This is raising worries that the US economy is the edge of a double-dip recession. Ed Butowsky, managing partner of Chapwood Investment Management, joins Fox News to discuss what a double-dip recession is and how will it impact the economy.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: double dip, dow, Earnings, economy, financial meltdown, fox news, investment, loss, market, recession, US economy, wall street