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Closing Update: Stocks String Together 3 Straight Wins, Commodities Gain [View article]
This is the type of indicator that tells us we are not headed toward a recovery any time soon.
The market can do as it will, but the belief we are heading into a growth in demand is silly. The stimulus and junker car programs were going in July and consumers did not spend; may have paid down some debt. The road to nowhere is long and winding and we have just started. Liquidate the dead banks and start over in banking.