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To: Kirk © who wrote (39518)10/27/2012 7:42:32 PM
From: GROUND ZERO™2 Recommendations  Respond to of 219276
 
I do believe the economic data is fake, and we very well may see another recession dip soon enough... the 2% GDP is fake because nearly half of it is due to government spending... take out the government spending and the GDP would be about 1.2%, not an impressive figure at this point...

Also, what appears to be another bond rally about to begin isn't hopeful news for stocks, maybe the bond market is trying to tell us something......

GZ



To: Kirk © who wrote (39518)10/28/2012 2:18:20 AM
From: Gary1054 Recommendations  Read Replies (1) | Respond to of 219276
 
Good article. Re ECRI index - it is touted as a leading indicator of turns in the economy, but given ECRI's call that a recession has already begun, the indicator loses its luster