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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.67-2.7%4:00 PM EST
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To: goldsnow who wrote (23704)12/1/1998 9:19:00 PM
From: banco$  Read Replies (2) of 116756
 
ps. These layoffs take on a very different meaning in a contracting economy. During boom years of the mid 90s, layoffs generally meant increased productivity, and there was employment to be found for laid off workers because the economy was expanding.

Nowadays, layoffs literally mean that the business is just not there. Investors may be slow to acknowledge the difference.

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