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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: jimmg who wrote (62313)1/19/2007 12:47:15 PM
From: yard_man  Read Replies (2) of 116555
 
these are funny ...

>>4. Real wage gains are at cycle high.
5. Lower oil and gas freeing up discretionary spending dollars.<<

what real wage gains??!!! if this is the cycle high for them, we are in deep doo-doo.

here's a prediction for ya -- 5 isn't happening and won't -- energy prices will go lower, but be unmatched by new spending -- watch it this year, just watch.

you should ask why energy prices trend lower for the next year -- it isn't jus because we've had a warm winter.
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