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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Jack Hartmann who wrote (6409)5/20/2009 2:15:37 AM
From: Feraldo1 Recommendation  Read Replies (1) of 6925
 
If your read some people, one thinks the economy is recovering and on pace to do well. If you look at the actual numbers, show me 1 that shows year over year economic growth and I'd be very happy.

The optimism was 100% based on month over month growth from a very dismal January and February, but every single year these two months are low points in economic data.

Now the tax refunds are spent, the $25 extra unemployment is going to increased gas and utilities prices from the early year lows.

The commercial real estate market is about to take 600 or more banks under per the Wall Street Journal.

The top 19 banks may or may not be passing stress tests which feature economic growth starting, well, already. And they may or may not be passing these test on terms that are just crazy issued by the feds. The size of the pie has shrunk very significantly for the financial sector, yet all these banks are still around. Simple economics says when a group goes from 40% of the S&P to 10%, there are companies failing in mass. Where is this? Gment is out of touch with reality.

Unemployment continues to decline and if you count the number of people actually unemployed versus those on the gment payroll its just scary.

Inflation has started to become rampant. Gas prices are sky rocketing again. On the back of nothing commodities prices are flying. What would happen if we had real economic growth? Hyper inflation like that seen in the first half of 2008 where one's paycheck shrank nearly daily.

And yet the market is still in an uptrend and stubbornly holds on, but holds on to levels which are still ridiculously low, compared to just a year ago.
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