Electrical Demand Plunges in Ontario, Canada; US Demand Expected to Drop 2%

"Nearly everyone is overestimating the rebound in jobs and consumer spending while ignoring or discounting the likelihood of a double dip recession, not just in the US, but globally. Odds still favor a harsh double dip recession, or a lingering L-shaped recession sapped by higher taxes and weak consumer demand, where the economy flirts with recession for years to come."