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Job growth in the U.S. and signs of global manufacturing expansion sent stocks sharply higher Wednesday. Bond prices and the dollar fell as investors moved money into riskier assets.
Renewed fears of a so-called “double-dip” recession are weighing on investors, spooking consumers and slowing businesses from hiring.
Senh: It seems like companies and people have money; it's just everyone's afraid to spend, thus keeping the economy down. What happens if people just spend like they did before the economic crisis?