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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: ~digs who wrote (13004)3/31/2004 10:43:52 AM
From: ~digs  Read Replies (2) of 13094
 
Wishful thinking on Jobs: (chart)
bigpicture.typepad.com

taken from this weblog focused upon macroeconomics:
bigpicture.typepad.com

US household debt as a percentage of GDP: (chart)
bigpicture.typepad.com

What makes this cycle so exceptional? This is the first recession and recovery to be characterized by high productivity, continued job loss, and unchanged (read high) consumer spending. There simply are no parallels to this kind of environment since WWII. Every prior cycle since 1940 was during a period of low worker Productivity, with (mostly) decreased spending.
bigpicture.typepad.com
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