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Rally Cap time!!
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Dave NWIL
Posted 1/31/2010 08:19 (#1050233 - in reply to #1049700)
Subject: RE: Rally Cap time!!


Agree. That analysis looks like media spin. See Statistical Recovery above.

Hours worked are down. Unemployment continues to rise. The only growth is in number of government employees. Home foreclosures continue to rise. Consumer spending was down in the fourth quarter. Imports were down. Growth will be adjusted down. What exactly is driving the recovery other than inventory rebuilding and gov spending?
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