Tuesday, February 02, 2010
STEVE VAI " LITTLE WING"
Fed in CHicago puts out a national activty index and it measures the housing component and personal income, what recovery can we have without this picking up? It sits today as lifeless as a zombie corpse near or at decades lows.....
The only recovery we have had so far has been in wallstreet bonuses. The economy is anemic and the stock market may be in process of sniffing this out.....still on gov teet life support.
Census hiring may try to fool us with jobs recovery, watch hours worked. The stock market has gone NOWHERE in 10 years......we are stuck in a bear market groundhog day
ANd surprise of no surprise the market rallies on another monday....surely just coincidence
Duratek
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