"In other words, the economic stimulus the government deployed in an attempt to get the economy back on track are all but gone. And now, spending cuts are on the way.
"The economic indicators are pretty disturbing in light of the fact that policy is going in the opposite direction of a normal response to an economic slowdown," said Chad Stone, chief economist at the Center on Budget and Policy Priorities."
http://money.cnn.com/2011/07/29/news/economy/spending_cuts/index.htm
Is this REALLY the backdrop to an expanding bull market?
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