Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Dec 30 4:00 PM EST

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To: GROUND ZERO™ who wrote (45296)	2/5/2013 1:03:45 AM
From: sandeep	Read Replies (1) of 220890

The govt figures weren't very good because a 22% defense "cut" - postponement of orders etc because of fears of fiscal cliff. That will pass. The real economy is doing fine - however, not everyone has refi'ed at low rates yet because their credit was poor. Also, employment picture is not improving because of a lot of factors - such as offshoring to reduce costs. The fed is trying to hold the economy together and not let it slip back. This is because Bernanke is deathly afraid of the 30s. Under his watch, he doesn't want to that to repeat - just like Bush was afraid of another 9/11 and was probably too aggressive. In any case, people will retire - and when a lot of baby boomers leave the workforce, the employment picture will improve. Fed will hold everything together till then - certainly pols in washington are not doing anything. But I don't see anything wrong with the consumer - I find it hard to get tables at reasonably popular restaurants at the last minute. Waits are over 30-45 mins. Mall are buzzing. Almost all companies did well in the earning season. Economy is fine - for now...

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