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Thursday, January 7 2010 |
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- Fed Vice Chairman Donald Kohn: Expects a gradual strengthening of economic activity, though employment remains quite weak; doesn't think a V-shaped recovery is likely, as credit remains tight, housing has oversupply and business has excess capacity. Deflation remains a greater risk than inflation.
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This news story has 2 comments:
Unless you specify the good, service or asset, it is like predicting the weather will be cold without specifying where.
boy you can put your teeth into that comment...