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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: Chispas	1/19/2005 7:18:43 AM
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Markets & Data Suggest That US Econ Recovery Is ARTIFICIAL....... by Jas Jain January 19, 2005 By data we mean Employment and Income, two most important barometers of REAL (as in "for real" and not inflation-adjusted) growth in the economy. And by ARTIFICIAL we mean propped up, or fake, or as in a boob-job to make it look attractive. Abstract: We show that the behavior of the stock market suggests the current recovery to be the worst in 134 years, maybe worst on record. Also, keeping in mind that the past four years have seen one of the largest stimuli, from Federal govt. and the Federal Reserve combined, and yet we have the worst Employment growth since 1932 and no Income growth.... Continued on Ed Bugos' site - safehaven.com

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