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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (99788)11/21/2008 1:19:12 PM
From: bart13  Read Replies (1) | Respond to of 110194
 
My current expectation for the U3 unemployment peak is 9-10%, and U6 at least 4-5% higher.

Using a -10% real GDP (nominal GDP less CPI w/o lies from Williams) as a definition of depression, I do think we'll see it when this quarters results are announced. The following quarter's results are too murky now for me to have much of an opinion, other than I'm about 50.1/49.9 that it'll be slightly better than this quarter.


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