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Daily Archives: August 14, 2014
2007-2009 bear modest in historical context
Good historical perspective today from Eric Parnell as he dispels the notion that the bear market of 2009 was an unusual, once in a lifetime occurrence, not likely to be repeated. Au contraire, in fact the loss cycle of 2007-2009 … Continue reading
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Reality getting the best of central bankers
We know that the US economy ‘officially’ contracted at an annual rate of 2.1% in Q1 before rebounding on inventory build(restocking not sales) in Q2. We also now have official confirmation that as of Q2, Italy is back in recession, … Continue reading
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