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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (32610)10/31/2008 11:44:47 PM
From: Spekulatius  Read Replies (1) of 78702
 
OT (?). This (IMO) is not going to be a "normal" recession.

Chicago PMI comment:
seekingalpha.com

A few days ago I said it feels like the economy hit a concrete wall while cruising along at 60mph. I think this will go down in modern history as one of the sharpest slowdowns in the world economy on record. I expect we could see several (2-3%) % of GDP contraction in Q1&Q2 2009. Hopefully I am wrong on that one but I think we will see some abysmal earning reports during the same timeframe.
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