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In Capitol Hill testimony, Ben Bernanke says a stimulus package would not be 'window dressing.'
While falling short of forecasting a recession, the Fed's inter-meeting report notes slow growth.
As tight credit dries up deals requiring leverage, corporate buyers may be able to find bargains.
TheStreet.com's Liz Rappaport agrees with Jim Cramer about a recession, citing Citigroup's abysmal quarter.
As recession talk gains steam, the kickoff of earnings and a retail sales report should provide new clues.
After Federal Reserve Chairman Ben Bernanke indicated the Fed will take further action, Brittany Umar and Liz Rappaport discuss the market's subsequent rally, the likelihood of future cuts and whether Doug Kass was right in predicting emergency rate cuts before the next meeting.
Farnoosh Torabi and Liz Rappaport discuss the likelihood the Fed will "ease momentarily," according to Real Money's Doug Kass.
'Recession, what recession?', a determined group of observers exclaim.
Expected poor earnings on top of recent dismal economic news could stoke recession fears.