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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: LTK007 who wrote (222039)10/2/2009 12:28:44 PM
From: Peter VRead Replies (1) of 306849
 
Once again, negative results are "unexpected." Does anyone see a pattern here? Like economists who have their heads up their asses?

But don't worry, Ben assures us that the recession is "over."

Headlines for October 2, 2009

Job Losses Far Worse Than Expected in September- Reuters
U.S. employers cut a deeper-than-expected 263,000 jobs in September, lifting the unemployment rate to 9.8 percent, according to a government report on Friday that fueled fears the weak labor market could undermine economic recovery.

Stocks fall as job losses rise more than expected- AP

US factory orders fall unexpectedly in August- AP

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U.S. Economy: Sales of Existing Homes Unexpectedly Decline

By Bob Willis

Sept. 24 (Bloomberg) -- Sales of existing U.S. homes unexpectedly fell last month for the first time since March, signaling the housing recovery will be slow to gain speed.

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