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  • Two Cheap Retailers Worth Owning [View article]
    Yeah, they're cheap and gettin' cheaper!

    How's the recession going?
    www.marketwatch.com/ne...

    Recession? What recession? Bush says the Economy is STRONG, just like our Dollar!

    Hahaha!

    Just the facts, please:

    * All five of the key indicators used by the NBER researchers are below their peaks.
    * The index of coincident indicators, which includes four of the five indicators, has not risen since October.
    * Payrolls down by a total of 260,000 in the past four months.
    * Payrolls have fallen at an annual rate of 0.5% in the past three months (Payrolls need to grow about 1% per year just to keep up with population growth)
    * After adjusting for inflation, real average weekly wages are down 1% in the past year.
    * Industrial production peaked in January and has fallen at a 4.9% annual pace in the past three months.
    * Total business sales have plunged at a 7% annual rate in the three months ending in February.
    May 20 14:45 pm |Rating: 0 0 |Link to Comment
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