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coalition_unwilling

(14,180 posts)
5. I was going to say it's the one-two punch (of contracting GDP and increases
Thu Jan 31, 2013, 01:15 PM
Jan 2013

in UE claims).

Then I realized it's actually a perfect trifecta (to quote our illustrious prior occupant of the WH):

Contracting GDP in Q4 2012
Increasing claims for UE in Week 4 of January 2013
Collapse in Consumer Confidence in December, 2012

Any of these taken in isolation might be dismissed as a one-off. Even two taken together could be dismissed as normal seasonal volatility. But all 3??? Does not bode well for near-future macroeconomic trends.

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