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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.850.0%Nov 20 4:00 PM EST

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To: TobagoJack who wrote (52116)7/5/2009 3:30:00 PM
From: energyplay  Read Replies (3) of 217905
 
I expect most governments are aware of the dangers of high unemployment, and have huge work programs, training programs, planned.

It appears the US activity will go into high gear at the start of the Federal fiscal year, which occurs on October 1, 2009.

It will take a few months for spending to ramp up, but by January-March unemployment should be declining sharply.

Economic activity should pick up in 2010, which should improve state and city budgets, stopping job loss there, possibly adding some jobs.

There should be vastly improved economy by the mid term elections in November (cynical, yes - but likely a self-fulfilling prophecy).

>>> One key question - Christmas retail season - down or total disaster ? <<<

This could be the "year without Christmas" for the retail, travel, toy etc. businesses.
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